Your monthly income is $1,950. You have developed the following list of anticipated cash costs for the month. Mortgage $750, Car Payment $250, Car Insurance $75, Groceries $250, Cell Phone $120, Cable TV $35, Entertainment $65, 401k Contribution $300, Charitable Contribution $35, Miscellaneous unexpected costs $115. What would you have to do about your anticipated spending?

What will be an ideal response?


Because the anticipated spending will result in a loss, you should reduce a variable expense.

Business

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When the top executives of FedEx noticed that their sales were becoming stagnant, they decided to offer a new service to their customers. This new service offered a new way of delivering products in a faster manner. They claimed this service was the smarter way to deliver. They marketed this service to their existing customers to combat the stagnant operations. This is an example of what type of marketing strategy?

A. diversification B. positioning C. market penetration D. market development E. product development

Business

Another name for the par value of a bond is its ________

Fill in the blank(s) with the appropriate word(s).

Business

The New York Stock Exchange is an example of a stock exchange where:

a. the stock of sole proprietorships can be traded b. the stock of public corporations can be sold but not bought c. the stock of private corporations can be traded d. the stock of public corporations cannot be traded e. none of the other choices are correct

Business

A systems integrator is a special kind of consultant who has expertise in making the different hardware and software components of an information system work together

Indicate whether the statement is true or false

Business