The European Union recommends maximum credit terms for many items including, for example, heavy capital goods (five years), light capital goods (three years), and consumer durable goods (one year)
Indicate whether the statement is true or false.
Answer: FALSE
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To manage your marketing mix for the new electric car, you will be using Ford's marketing information system. You've brainstormed the following list of sources of information that will be inputs to the system. Use the drop down menu to categorize each as an internal source or an external source of information.
Product U23N has been considered a drag on profits at Jinkerson Corporation for some time and management is considering discontinuing the product altogether. Data from the company's budget for the upcoming year appear below:Sales$730,000Variable expenses$350,000Fixed manufacturing expenses$234,000Fixed selling and administrative expenses$161,000In the company's accounting system all fixed expenses of the company are fully allocated to products. Further investigation has revealed that $144,000 of the fixed manufacturing expenses and $93,000 of the fixed selling and administrative expenses are avoidable if product U23N is discontinued. The financial advantage (disadvantage) for the company of eliminating this product for the upcoming year would be:
A. ($15,000) B. $143,000 C. $15,000 D. ($143,000)
Anything that interferes with, distorts, or slows the transmission of information in the communication process is referred to as:
A. media communication B. feedback C. static D. nonpaid communication E. noise
The stockholders of a business have a priority claim to its assets in the event of liquidation.
Answer the following statement true (T) or false (F)