An increase in the ratio of stockholders' equity to liabilities indicates an improvement in the margin of safety for creditors
Indicate whether the statement is true or false
True
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On October 1, 2019, Springfield Company made a loan to one of its customers. The customer signed a 6-month note for $130,000 at 12%. How much interest revenue did the company record in 2020 for this note? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $5200 B) $2600 C) $3900 D) $7800
Electrowhip, a company that manufacturers blenders and electric whisks, has decided to use a market penetration pricing strategy. Which of the following, if true, proves their decision to be a wise one?
A) Electrowhip's competitors utilize social media for marketing their products. B) Electrowhip sells products whose image and quality support high prices. C) Electrowhip operates in a market with many competitors. D) Electrowhip does not operate in a price sensitive market. E) Electrowhip's products are intended to appeal to the elite in society.
The potential for channel conflict (due to the high power of a retailer relative to a manufacturer) is greatest in which form of distribution?
a. dual distribution b. selective distribution c. exclusive distribution d. intensive distribution
What term is used to describe the increasingly interconnected nature of the world economy?
A. relationship marketing B. the World Wide Web C. globalization D. the marketing mix E. internationalization