Facebook, Google, Pinterest, Twitter, and Wikipedia represent which element of the marketing mix?
A) Price
B) Product
C) Place
D) Promotion
E) People
B
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Which of the following is true about "coffee culture" in England?
A) Starbucks has been unsuccessful in its attempt to change the Brits' preference for tea. B) American entrepreneurs found success in England with the Seattle Coffee Company which Starbucks later acquired. C) Starbucks succeeded in England only after changing the company's name to Seattle Coffee Company. D) Starbucks-style coffee shops have been a flop because tea culture is too deeply engrained. E) Starbucks has been successful in England since it started selling beer.
Services are provided for customers who are sent bills for the amount they owe. For this transaction, identify the effect on the accounting equation
a. Assets increase and liabilities increase. b. Assets increase and stockholders' equity increases. c. Liabilities increase and stockholders' equity decreases. d. Liabilities decrease and assets decrease.
Freshwater protozoans react to a/an ________ environment by removing water through ________.
A. hypotonic; a contractile vacuole B. hypertonic; a contractile vacuole C. isotonic; a contractile vacuole D. hypotonic; turgor pressure E. hypertonic; turgor pressure
Tableware Unlimited Company plans to sell china and other dining-related items over the internet. The company plans to begin business on January 1, Year 1. The company's accountant has prepared the following sales budget for the first quarter of Year 1:
In anticipation of preparing a cash budget, the accountant needs to compute the expected monthly cash collections. Because the company is new and has no collection experience of its own, the accountant contacted an industry trade group and obtained the following industry collection data:Collections on account:70% in the month of sale20% in the month following sale6% in the second month following
saleUncollectible accounts have averaged 4% of receivables. The company gives a 2% discount for payments made by customers during the month of sale. Required:Prepare a schedule of cash collections from sales by month and in total for the first quarter. What will be an ideal response?