A target market consists of a group of consumers who are usually quite different.
Answer the following statement true (T) or false (F)
False
A target market consists of a fairly homogeneous group of customers.
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John recently received his CPA license and plans to run a small tax consulting business, so he just put up a website. What advantage does his business have over larger competitors?
A. It has greater access to capital. B. It has superior distribution. C. It has more access to young talent. D. It can change direction quicker. E. It has well-defined bureaucratic systems.
On October 1, 2019, Springfield Company made a loan to one of its customers. The customer signed a 6-month note for $130,000 at 12%. How much interest revenue did the company record in 2020 for this note? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $5200 B) $2600 C) $3900 D) $7800
Daniel Sawyer, the CEO of the Sawyer Group, is initiating planning for the company's operations next year, and he wants you to forecast the firm's additional funds needed (AFN). The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions. Last year's sales = S0$350 Last year's accounts payable$40 Sales growth rate = g30% Last year's notes payable$50 Last year's total assets = A0*$500 Last year's accruals$30 Last year's profit margin = PM5% Target payout ratio60%
A. $102.8 B. $108.2 C. $113.9 D. $119.9 E. $125.9
Internal customers are those that have some familial relation working at the business providing the good or service
Indicate whether the statement is true or false