What is cash discount?
What will be an ideal response?
Answer: The cash discount is the percentage discount offered if the buyer pays early.
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Four friends, Phillips, Eliza, John, and Jacob, are associated with Redhood Ltd. in different ways. Phillips is the CEO of Redhood Ltd., Melissa works as an accountant, while John owns some shares of Redhood Ltd., and Jacob has some debt securities issued by the company. ?Who is likely to be paid last in case of a bankruptcy?
A. ?John B. ?Jacob C. ?Phillips D. ?Melissa
Some wine importers insist on shipping their wines in refrigerated containers to protect the wines from being damaged by high temperatures. Such importers are creating which kind of utility?
A) place utility B) time utility C) form utility D) information utility E) worker utility
Which of the following refers to change along the technology innovation curve that allows for the development of products that are less expensive, smaller, and often easier to use?
A) discontinuous innovation B) disruptive innovation C) continuous innovation D) end-user innovation E) radical innovation
Sea Cruise Equipment Company has several divisions that are investment centers. Data for the Boat Division and the Trailer Division are shown here:
With regard to the efficient use of assets, the Boat Division has a higher return on investment (ROI) because it has the highest operating income.