Good relations with intermediaries, good locations, and good salespeople are some of the many resources of a firm that should be evaluated when searching for new opportunities.
Answer the following statement true (T) or false (F)
True
When introducing new products, good relations with wholesalers and retailers can also be an important resource.
You might also like to view...
The following information is available for Juno Company for the month ending June 30, 2019.
* Balance as per the bank statement is $11,500. * Balance as per books is $10,300. * Check #506 for $1,400 and check #510 for $900 were not shown on the June 30, bank statement. * A deposit in transit of $3,218 had not been received by the bank when the bank statement was generated. * A bank debit memo indicated an NSF check for $100 written by Jane Smith to Juno Company on June 13. * A bank credit memo indicated a note collected by the bank of $2,200 and interest revenue of $53 on June 20. * The bank statement indicated service charges of $35. What is the adjusted book balance? A) $12,453 B) $12,418 C) $8,053 D) $8,000
Which of the following is a true statement regarding midrange alternatives?
A) Midrange alternative design strategies often do not involve computer technology; instead they focus on making paper flows more efficient or reducing redundancies in current processes. B) Midrange alternative design strategies represent compromise solutions. C) Functionality is the primary focus of midrange alternative design strategies. D) Midrange alternative design strategies provide all the required functionality users demand with a system that is minimally different from the current system. E) Midrange alternative design strategies provide all the desired features using advanced technologies that often allow the system to expand to meet future requirements.
If the logical record size is less than the physical record size, a single physical record might contain multiple logical records
a. True b. False Indicate whether the statement is true or false
Rocky Mountain Bottling Company produces a soft drink that is sold for a dollar. At production and sales of 800,000 units, the company pays $600,000 in production costs, half of which are fixed costs. At that volume, general, selling, and administrative costs amount to $250,000, of which $70,000 are fixed costs. What is the amount of contribution margin per unit?
A. $0.5375 B. $0.40 C. $0.25 D. None of these is correct.