The goal of a good purchasing system is to ensure efficient information transitions between the materials users, the purchasing personnel, and the suppliers.
Answer the following statement true (T) or false (F)
True
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When writing a sales letter, you should make the product and its benefits the subject of most of the sentences
Indicate whether the statement is true or false
For a company like Pepsi, brand dilution occurs when it sells more product than the competition.
Answer the following statement true (T) or false (F)
Ted has 10 shares of Grand Company. Based on the company's dividend policy, Ted will receive a total of $450 a year in perpetuity. What is the value of each share if the appropriate discount rate is 8 percent?
What will be an ideal response?
Fargo Company's outstanding stock consists of 400 shares of noncumulative 5% preferred stock with a $10 par value and 3,000 shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividends Declared & Paidyear 1$20,000year 2$6,000year 3$32,000The amount of dividends paid to preferred and common shareholders in year 1 is:
A. $20,000 preferred; $0 common. B. $200 preferred; $19,800 common. C. $4,000 preferred; $16,000 common. D. $10,000 preferred; $10,000 common. E. $17,000 preferred; $3,000 common.