Which of the following can help sustain interest in a product that has been around for a long time?
A. Product
B. Price
C. Promotion
D. Distribution
E. Marketing concept
Answer: C
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A machine costing $75,000 is purchased on September 1, Year 1. The machine is estimated to have a salvage value of $10,000 and an estimated useful life of 4 years. Double-declining-balance depreciation is used. If the machine is sold on December 31, Year 3 for $13,000, the journal entry to record the sale will include:
A. A credit to gain on sale for $4,979. B. A debit to loss on sale for $2,625. C. A credit to accumulated depreciation for $59,375. D. A credit to gain on sale for $8,000. E. A debit to loss on sale for $3,042.
According to your authors' definition problems are situations that call for managers to make choices among alternatives
Indicate whether the statement is true or false
Consumer food cooperative sales have grown to a substantial share of total supermarket sales due to consumer beliefs in low supermarket produce quality and high supermarket price levels
Indicate whether the statement is true or false
Executive agencies are generally part of the executive branch while independent agencies are generally part of the legislative branch of the government
a. True b. False