Which of the following reflects the maturity stage of the product life cycle?
A. Sales: peak; Profits: peak to declining; Typical Consumers: late majority; Competitors: high number of competitors and competitive products
B. Sales: low; Profits: negative or low; Typical consumers: innovators; Competitors: one or few
C. Sales: rising; Profits: rapidly rising; Typical consumers: early adopters and early majority; Competitors: few but increasing
D. Sales: peak; Profits: increase; Typical Consumers: laggards; Competitors: low number of competitors
E. Sales: declining; Profits: declining; Typical consumers: laggards; Competitors: low number of competitors and products
Answer: A
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Karen has agreed to buy Sara's car, but the two have not agreed on the price. When there is no agreement in a sales contract as to price, what effect does it have on the contract?
a. The price is whatever the buyer wants to pay. b. There is no contract, because the agreement is not definite and certain enough. c. The price may be fixed as a reasonable price. d. The price is whatever the seller decides.
Kate can invest $4,000 of after-tax dollars (AT$) directly in a taxable bond outside an IRA, or she can contribute the $4,000 to a nondeductible IRA and invest in the same bond through the IRA vehicle. In either case, the bond yields an annual 3% before-tax rate of return (BTROR). Kate's marginal tax rate is 15%, and she expects it to remain so for the entire investment horizon of 25 years. What is the after-tax accumulation for the "bond outside the IRA" after 25 years (assume that bond interest is reinvested at the same rate)?
A. $5,585 B. $8,375 C. $7,507 D. None of the above.
James, a cash basis taxpayer, received the following compensation and fringe benefits in the current year: Salary $66,000 Disability income protection premiums 3,000 Long-term care insurance premiums 4,000 His actual salary was $72,000 . He received only $66,000 because his salary was garnished and the employer paid $6,000 on James's credit card debt he owed. The wage continuation
insurance is available to all employees and pays the employee three-fourths of the regular salary if the employee is sick or disabled. The long-term care insurance is available to all employees and pays $150 per day towards a nursing home or similar facility. What is James's gross income from the above? a. $66,000. b. $72,000. c. $73,000. d. $75,000. e. None of these.
A customer service representative should never admit to a customer that the company has made a mistake
Indicate whether the statement is true or false