Catano Corporation pays for 40% of its raw materials purchases in the month of purchase and 60% in the following month. If the budgeted cost of raw materials purchases in July is $256,550 and in August is $278,050, then in August the total budgeted cash disbursements for raw materials purchases is closest to:
A. $111,220
B. $265,150
C. $153,930
D. $166,830
Answer: B
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HomeVenture Inc manufactures and sells a line of furniture under the brand name Elegant Lines. The firm has a 3 percent share of the U.S. furniture market, and competes with industry giants who have large economies of scale and marketing resources
However, Elegant Lines holds 65 percent of the overlooked "customized art furniture" segment, specializing in very expensive custom-designed, furniture. Each of the Elegant Lines furniture pieces is a unique piece of art. What type of market segmentation strategy is HomeVenture Inc pursuing? A) a mass-segment strategy B) a niche-segment strategy C) a large-segment strategy D) a market-development strategy E) a mass-market strategy
Why is the concept of segmentation important?
A) It assumes that customers are swayed by targeted marketing. B) It underscores the importance of production orientation. C) It helps companies offer standardized products to the entire market. D) It implies an understanding that customers are heterogeneous.
The charismatic leader who uses her power to garner resources or manipulate situations for her own gain is using ______ power.
a. socialized b. evil c. personalized d. transactional
The different types of financial transactions are known as:
a. journals b. accounts c. ledgers d. financial statements e. entrances