Which form of credit management system most closely resembles a check?
a. retailer-based credit system
b. debit management system
c. Discover card
d. MasterCard Express
b
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The concept called, “Be here now,” refers to ______.
a. the need for people to truly experience the present and be mindful b. the importance of being here instead of there c. the need to be here now rather than later d. none of these
John Deere, Inc. introduced a lower-priced line of lawn-tractors called Senber while still selling its more expensive tractors under the John Deere, Inc. brand. This is an example of ________
A) a filling-out strategy B) a downward line stretch C) an upward line stretch D) a two-way stretch E) a contraction strategy
A finder of lost property who knows the true owner and fails to return the property is guilty of the tort of conversion.
Answer the following statement true (T) or false (F)
Eastwood Corporation manufactures numerous products, one of which is called Beta96. The company has provided the following data about this product: Unit sales (a) 60,000 Selling price per unit$88.00 Variable cost per unit$53.00 Traceable fixed expense$1,980,000 ?Management is considering decreasing the price of Beta96 by 8%, from $88.00 to $80.96. The company's marketing managers estimate that this price reduction would increase unit sales by 10%, from 60,000 units to 66,000 units. Assuming that the total traceable fixed expense does not change, what net operating income will product Beta96 earn at a price of $80.96 if this sales forecast is correct?
A. $1,677,600 B. $1,845,360 C. ?$302,400 D. ?$134,640