Refunds and rebates suffer the disadvantages of costs, paperwork, and diminished effectiveness
Indicate whether the statement is true or false
TRUE
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The inventory method that assigns the most recent costs to ending inventory is LIFO
a. True b. False Indicate whether the statement is true or false
Days' payable is the shortest in which of the following industries?
a. Grocery stores b. Computers c. Machinery d. Auto and home supply
Which of the following is not a tool for public relations?
A. annual reports B. sales presentations C. blogs D. speeches E. brochures
Bargain Basement Inc, is a discount house. It buys brand name products from various
manufacturers and sells them at below the suggested retail price. This practice has angered some of those manufacturers who believe that their products are high quality and should not be sold at bargain basement prices. Several of those manufacturers agree that they will no longer sell their products to Bargain Basement. This action is: A) Legal, because it was reasonable under the rule of reason. B) An illegal group boycott. C) Legal, because it was unilateral. D) An illegal vertical market division. E) An illegal horizontal market division.