Johann Herr's company has standardized the size of its paper bags so that each bag can be used in five to seven different store departments. In the business buying process, this approach to cost reduction most likely took place in the ________ stage

A) problem recognition
B) general needs description
C) product specification
D) supplier search
E) proposal solicitation


C

Business

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On January 1, 2018, the Shaw Corporation acquired 70% of the Ward Company's voting stock for $1,050,000. Ward's net assets had a book value of $1,200,000; the fair value of Ward's equipment was $200,000 greater than its book value. The book value of Shaw's assets immediately after the acquisition of Ward totaled $3,750,000 while Ward's assets had a book value of $2,150,000. What was the amount of total consolidated assets as of January 1, 2018? 

A. $5,150,000 B. $4,850,000 C. $5,050,000 D. $6,200,000

Business

Kathy Champe, a public relations specialist for a regional chain of pharmacies, regularly contacts members of the local and state-wide media with information about community events and charity fundraisers sponsored by her company

She is using ________. A) press releases B) product publicity C) crisis management D) institutional advertising E) lobbying

Business

Archco Inc and Suage Enterprises share a lobby where Suage has been storing computer equipment. Martha, CEO of Archco Inc, is writing a letter to Suage asking that the equipment be removed. She should make her point in the first paragraph and follow with supporting details

Indicate whether the statement is true or false

Business

The adjusted trial balance shows ________

A) account balances after adjustments B) revenue and expense accounts only C) account balances before adjustments D) balance sheet accounts only

Business