The principal revenue source for a bank typically is:
a. gain on sale of real estate.
b. sales.
c. dividend income.
d. interest income.
e. interest expense.
D
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Which of the following is a false statement about scrap and by-products?
a. Both by-products and scrap are salable. b. A by-product has a higher sales value than does scrap. c. Management's goal is to produce both scrap and by-products. d. Both scrap and by-products are incidental outputs to the joint process.
The unusual demand for basic necessities in the aftermath of a natural disaster is an example of ______.
a. cyclical variations b. irregular variations c. seasonal variations d. exponential variations
Personal selling is particularly important for retailers selling
A. discount items. B. online services. C. products that are complicated or expensive. D. trend or fashion items. E. low-cost services.
Particularly when assessing investments in new venture firms, the most effective, and often the only, way to measure the performance of the firms and determine their viability as an investment option is to examine financial metrics such as returns on assets, and sales.
Answer the following statement true (T) or false (F)