Working capital consists of cash, marketable securities, accounts receivable, and inventory
Indicate whether the statement is true or false
TRUE
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The following information is available on TGR Enterprises, a partnership, for the most recent fiscal year: Total partnership capital at beginning of the year$180,000Partnership net income for the year$150,000Withdrawals by partners during the year$120,000Additional investments by partners during the year$60,000There are three partners in TGR Enterprises: Tracey, Gregory and Rodgers. At the end of the year, the partners' capital accounts were in the ratio of 2:1:2, respectively. Compute the ending capital balances of the three partners.
A. Tracey = $90,000; Gregory = $90,000; Rodgers = $90,000. B. Tracey = $108,000; Gregory = $54,000; Rodgers = $108,000. C. Tracey = $204,000; Gregory = $102,000; Rodgers = $204,000. D. Tracey = $84,000; Gregory = $102,000; Rodgers = $84,000. E. Tracey = $60,000; Gregory = $30,000; Rodgers = $60,000.
Explain how sentiment analysis can be used by retailers and brands.
What will be an ideal response?
Which of the following observations is true of Type B semi-variable costs?
a. They vary continuously, but not in direct proportion to volume changes. b. They are also known as step-fixed costs. c. The costs will plateau before another cost change occurs. d. The cost increases are not continuous.
Which of the following is a major limitation to direct marketing for a retailer?
a. Startup costs are generally very high. b. Pricing may be difficult to plan since catalogs need to be prepared well in advance. c. It is difficult to pinpoint consumer segments through mailings. d. Customer shopping is generally inconvenient.