A key benefit of market segmentation is identifying segments that should not be pursued
Indicate whether the statement is true or false
TRUE
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When people use money by trading it for goods and services, money is serving the role of a
A. medium of exchange. B. unit of account. C. store of value. D. standard of deferred payment.
Brazee Company has the following paid-in capital: Preferred stock, 6%, $5 par value, 100,000 shares authorized, 40,000 shares issued and outstanding$2,000,000 Common stock, $9 par value, 300,000 shares authorized, 220,000 shares issued and outstanding$1,980,000 If the company pays a $70,000 dividend, and the preferred stock is cumulative and two years' dividends are in arrears, what is the amount the common stockholders will receive?
A. $46,000 B. $34,000 C. $70,000 D. $58,000
Quasi contracts are used to provide a remedy when the parties enter into a(n):
a. void contract. b. implied in fact contract. c. situation in which promissory estoppel applies. d. All of these.
GreenLife, Inc has two manufacturing facilities-one in New York City and one in Evergreen, Oklahoma. Marjorie has worked in the Oklahoma plant for 15 years assembling resistors. Her sister, Ellen, has worked at the same plant for 15 years also. Their brother, Hank, has worked there for 10 years in the same job as his sisters. Ellen transfers to the New York facility. Their salaries are now as
follows: Marjorie-$12.00 per hour Ellen-$19.50 per hour Hank-$14.00 per hour Is there a violation of the Equal Pay Act? A) Yes, because Ellen's pay is higher than Marjorie's. B) Yes, because Ellen and Hank's pay is higher than Marjorie's. C) Yes, because Hank's pay is higher than Marjorie's. D) No, since they are different people with different personalities.