Scenario 5.1 Use the following to answer the questions. Lil Angels Kids Spa offers various treatments designed to appeal to the younger customer. Treatment options include manicures, pedicures, facials, tea parties, and dress up photos. Parents can even purchase a birthday party package. Currently, Lil Angels offers its services only to girls under the age of 14. Originally begun in Delaware, Lil Angels is considering opening its spa/salons in other parts of the country and is planning to expand its offerings to girls aged 14 to 17. The company realizes that some changes may be needed. For example, management wants to find out if the older girls will be interested in their birthday party and tea party services. Refer to Scenario 5.1. Which of the following best describes Lil Angels'
current approach to the market?
A. It is segmenting the market according to demographic variables.
B. It is segmenting the market according to product-related variables.
C. It has chosen a segment that is not identifiable and divisible.
D. Its market is impossible to reach because of legal constraints.
E. It is not segmenting the market but is attempting to reach everyone with the product.
Answer: A
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A common law lien essentially includes:
A. possession by the improver as well as debt created by the improvement. B. possession by the court. C. a debt to the court created by the failure of a surety to pay a creditor. D. an improvement which does not become a part of the property.
Iggy tells Jade, "I might sell the snowboard that I bought this winter since I haven't used it and the season is almost over.". This is
a. an acceptance of an offer. b. a preliminary negotiation. c. an offer. d. a statement of future intent.
Of 200 UTC seniors surveyed, 60 were planning on attending Graduate School. At UTK, 400 seniors were surveyed and 100 indicated that they were planning to attend Graduate School. a.Determine a 98% confidence interval estimate for the difference between the proportion of seniors at the two universities who were planning to attend Graduate School.b.Is there conclusive evidence to prove that the proportion of students from UTC who plan to go to Graduate School is significantly more than those from UTK? Explain.
What will be an ideal response?
Company X paid Company Y $1.35 million for a new plant. During the same accounting period, Company X experienced the following changes in its balance sheet: Cash decreased by $350,000, Accounts Receivable increased by $321,300, Inventory increased by $275,800, Property, Plant, and Equipment increased by $752,900, and Bonds Payable increased by $1 million. The net cash flow provided by financing activities is:
A. An inflow of $1.35 million. B. An outflow of $350,000. C. An inflow of $752,900. D. An inflow of $1 million.