Which of the following statements about the sale of Toyota cars best describes market share?
A. the percentage of Toyota's new sedan customers in the United States as compared to its total number of customers worldwide
B. the expected profitability of Toyota's current and prospective sedan-buying customers over a given period of time
C. the percent of Toyota sedans sold in the United States as compared to all sedans sold in the United States over the same period
D. a measure of Toyota's long-term market success, including its economic, social, and environmental outcomes
E. the stream of purchases that a Toyota customer could contribute to the company over the length of their relationship with the company
Answer: C
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Which of the following would not be an example of the use of a multiple when valuing common equity?
a. Price-to-operating cash flow b. Price-to-book. c. Price-to-earnings. d. Multiperiod discounted earnings models.
Oliver works in a place that has a formal chain of command and is internally focused. His manager, Amelia, uses her position to manage her employees and to emphasize the importance of efficiency, productivity, and organization in the day-to-day running of operations. Oliver and Amelia work for a company that fits which type of culture?
A. hierarchy B. adhocracy C. market D. clan
Unlike business-to-consumer (B2C) e-commerce, business-to-business (B2B) e-commerce involves:
A. extensive negotiation over specifications, delivery, installation, support, and other issues. B. very large typical individual transactions. C. customers who do little research and often base their purchases on impulse. D. firms that seldom develop a close working relationship with individual customers.
Coble Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined overhead rate is based on capacity. The capacity of the factory is determined by the capacity of its constraint, which is an automated shaper. Additional information is provided below for the most recent month: Estimates at the beginning of the month: Estimated total fixed manufacturing overhead$33,075 Capacity of the shaper 270hoursActual results: Sales$79,268 Direct materials$12,200 Direct labor$17,400 Actual total fixed manufacturing overhead$33,075 Selling and administrative expense$8,100 Actual hours of shaper use 250hours The cost of unused capacity that would be reported as a period expense on the income statement prepared for
internal management purposes would be closest to: A. $0 B. $2,450 C. $24,975 D. $25,575