In January, Cigaro Corp agrees to a contract to sell 14,000 sports caps for $140,000 to Dilly, Inc In March, after 5,000 caps have been delivered, Cigaro and Dilly modify the agreement to sell an additional 6,000 caps for $33,000 which is significantly lower than Cigaro's stand-alone selling price at that time. During April, Cigaro delivers 2,000 caps. How much revenue will Cigaro recognize for
the month of April?
A) $17,300
B) $16,400
C) $15,500
D) $11,000
B
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Financial flexibility is generally defined as
A) the ability of a company to adapt to unexpected needs and opportunities. B) the uncertainty or unpredictability of the future results of a company. C) a measure of overall company performance. D) a company's ability to maintain a given level of operations.
Hair stylists find it challenging to standardize their service because the customer must be involved in production (i.e., the haircut). This illustrates which of the following unique features of services?
A. Intangibility B. Inseparability C. Perishability D. Heterogeneity E. Homogeneity
The beginning-of-the-year price for a 33 pound bag of premium dog food is $45.00 in the United States and ¥5,400 in Japan. We know that prices in the United States and Japan will change over the coming year due to inflation
If we assume that inflation in the United States (our home country, infh) will be 2% and inflation in Japan will be 3% (our foreign country, inff), what will the price of the dog food be at the end of the year? A) The U.S. price is $46.90 and we do not know the Japanese price. B) The U.S. price is $45.90 and the Japanese price is ¥5,438. C) The Japanese price is ¥5,562 and the U.S. price will be $45.90. D) We cannot determine either price.
Three tennis players, a beginner, an intermediate, and advanced, have been randomly selected from the membership of a racquet facility club in a large city. Using the same tennis ball, each player hits ten serves, one with each of three racquet models, with the three racquet models selected randomly. The speed of each serve is measured with a machine and the result recorded. Among the ANOVA
models listed below, the most likely model to fit this situation is the: a. one-way ANOVA. b. two-way ANOVA. c. randomized block design. d. none of these.