The ________ marketing sales system works by recruiting independent businesspeople who act as distributors
A) catalog
B) multilevel
C) direct-response
D) corporate
E) direct
B
You might also like to view...
) On January 1, 2018, Wonderland Sales issued $30,000 in bonds for $22,300. These are eight-year bonds with a stated interest rate of 12% and pay semiannual interest. Wonderland Sales uses the straight-line method to amortize the bond discount. What is the bond carrying amount after the first interest payment on June 30, 2018? (Round your intermediate answers to the nearest dollar.)
A) $30,000 B) $18,931 C) $22,781 D) $26,631
Test results are most effective as a demonstration tool when they:
A) are part of a bound paper presentation B) come from a respected independent agency C) have been presented to the prospect in a spreadsheet or chart D) demonstrate that the product is superior to the competition E) have been sponsored by the vendor
Choose the correct word in parentheses. The orchestra (is, are) in their places
Landry Corp. is looking at two possible capital structures. Currently, the firm is an all-equity firm with $1.2 million dollars in assets and 200,000 shares outstanding. The market value of each stock is $6.00
The CEO of Landry is thinking of leveraging the firm by selling $600,000 of debt financing and retiring 100,000 shares, leaving 100,000 outstanding. The cost of debt is 10% annually, and the current corporate tax rate for Landry is 30%. If the CEO believes that Landry's EBIT will be $120,000, should the CEO leverage the firm? Explain. What will be an ideal response?