Today's firms must develop specific, measurable, and attainable pricing objectives if they hope to survive in highly competitive markets.

Answer the following statement true (T) or false (F)


True

Business

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Mayan Company had net income of $33,180. The weighted-average common shares outstanding were 8400. The company declared a $3100 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is:

A. $3.95. B. $4.07. C. $4.32. D. $3.33. E. $3.58.

Business

Effervescent Egg Cream Company's trademark is used by Fizzy Drinks without its owner's permission. Fizzy's use of the mark is actionable provided that

a. consumers are confused. b. Fizzy's use is intentional. c. Fizzy and Effervescent are competitors. d. Effervescent's mark is registered.

Business

Ivan signs Jeb's name, without his authorization, to the back of a check. This is

A. no crime. B. forgery. C. larceny. D. robbery.

Business

On a worksheet, the adjusted balance of a contra asset account would be extended to:

A. the Balance Sheet Credit column. B. the Balance Sheet Debit column. C. the Income Statement Credit column. D. the Income Statement Debit column.

Business