________ segments are conceptually distinguishable and respond differently to different marketing mix elements and programs
A) Complex
B) Measurable
C) Competitive
D) Differentiable
E) Homogeneous
D
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Prepare adjusting entries for the year ended December 31, for each of these separate situations. Assume that prepaid expenses are initially recorded in asset accounts and that fees collected in advance are initially recorded as liabilities.a. The Prepaid Rent account has a debit balance of $8,000 before adjustment, representing a prepayment for four months' rent made on December 1 of the current year.b. One-third of the work related to $18,000 of cash received in advance was performed during this period.c. Unpaid accrued salaries at December 31 amounts to $15,000d. Work was completed for a client on December 31 in the amount of $21,000, but was not previously billed or recorded.e. Estimated depreciation on office equipment is $27,000.
What will be an ideal response?
The sum of the cost variances and efficiency variances equal ________.
A) the static budget variance B) the flexible budget variance C) the difference between the flexible budget and the static budget D) the difference between the static budget and the previous year's actual results
Tucker Corp Tucker Corp has the following product information: Sales price $12 per unit Contribution margin ratio 40% Fixed costs $45,000 Refer to the Tucker Corp information above. What is the break-even point in units?
A) 1,500 units. B) 112,500 units. C) 216,000 units. D) 9,375 units.
Setting of minimum resale prices is a rule of reason violation of Section 1 of the Sherman Act
Indicate whether the statement is true or false