Which of the following is the best example of institutional advertising?
A. "Better living through pharmaceutical research"
B. "Promise her anything, but give her Obsession"
C. "Mobil gas makes your car perform better"
D. "HP is the standard for personal computers"
E. "I'd walk a mile for a Pepsi"
Answer: A
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Which one of the following correctly represents one of the basic financial statement models?
a. Assets - Liabilities = Net Income b. Assets + Liabilities = Owners' Equity c. Revenues + Expenses = Net Income d. Beginning Retained Earnings + Net Income - Dividends = Ending Retained Earnings
Answer the following statements true (T) or false (F)
1) By accepting credit and debit cards, companies are able to attract more customers. 2) Debit cards offer the customer the convenience of buying something without having to pay cash immediately. 3) Debit cards reduce the customer's bank account immediately but allow the customer to pay electronically instead of with currency or writing a check. 4) Companies obtain cash from credit and debit card transactions by using third-party processors.
Bumgardner Inc. has provided the following data concerning one of the products in its standard cost system.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials8.0 liters$5.00 per liter?The company has reported the following actual results for the product for April: Actual output 7,400unitsRaw materials purchased 65,400litersActual price of raw materials$5.70per literRaw materials used in production 59,210liters?The direct materials purchases variance is computed when the materials are purchased.?The raw materials price variance for the month is closest to:
A. $41,447 F B. $45,780 U C. $41,447 U D. $45,780 F
Describe the various categories of consumer products with examples
What will be an ideal response?