Which of the following is not a major marketing mix element?
A. Price
B. Distribution
C. Promotion
D. Packaging
E. Product
Answer: D
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A sales journal is ________.
A) a special journal used to record all the cash sales B) used to record the sales of assets other than merchandise inventory C) a special journal used to record credit sales D) a general journal used to record the adjustments in revenue account
The activity driver for the shipping activity is the number of orders shipped. Product A uses 20 orders, and Product B uses 60 orders. Calculate the consumption ratios for each product
A) 0.3; 0.7 B) 0.625; 0.375 C) 0.25; 0.75 D) 0.215; 0.785
For a typical firm, which of the following sequences is CORRECT? All rates are after taxes, and assume that the firm operates at its target capital structure.
A. re> rs> WACC > rd. B. WACC > re> rs> rd. C. rd> re> rs> WACC. D. WACC > rd> rs> re. E. rs> re> rd> WACC.
Why are eurocredits not offered by any one bank?
A) They are typically regulated by the government to exclude single banks. B) They are typically very large and banks prefer to share the risk with other banks. C) The denominations are too large for any one bank's ability to fund the loan. D) Single banks are less likely to profit from them.