If in a particular department, units completed are 2,000 and there are 600 units which are 20% complete. Manufacturing costs for this department are $10/unit. Equivalent units of output are:
a. 2,000
b. 400
c. 120
d. 2,600
e. 2,120
e
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Punitive damages are not recoverable against:
a. private sector employers. b. sole proprietors. c. public sector employers. d. independent contractors.
Contests and coupons given to consumers are good examples of sales promotion.
Answer the following statement true (T) or false (F)
The balance sheet of the Emery Company is presented below:
Emery Company Balance Sheet March 31, 2010 (Millions of Dollars) Current assets $18 Accounts payable $9 Fixed assets 38 Notes payable 0 Total $56 Long-term debt 15 Common equity 32 Total $56 For the year ending March 31, 2010, Jackson had sales of $58 million. The common stockholders receive all net earnings of the firm in the form of cash dividends, leaving no funds from earnings available to the firm for expansion (assume that depreciation expense is just equal to the cost of replacing worn-out assets). Construct a pro forma balance sheet for March 31, 2011 for an expected level of sales of $75.4 million. Assume current assets and accounts payable vary as a percent of sales, and fixed assets remain at the present level. Use notes payable as discretionary financing.
The marketing mix refers to a unique blend of marketing variables known as the four Ps. Name and briefly describe each of the 4 Ps.
What will be an ideal response?