Which of the following steps involves a plan being proposed with respect to profitability and market share objectives for a specified planning horizon?
A) marketing budget
B) situation analysis
C) SWOT analysis
D) strategic market plan
E) revenue plan
D
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What will be an ideal response?
Under the Fair Labor Standards Act (often called the Federal Wage Hour Law) all hours worked in excess of the normal 40-hour week are generally paid at time and one-half the regular hourly rate
Indicate whether the statement is true or false
A machine costs $180,000 and will have an eight-year life, a $20,000 salvage value, and straight-line depreciation is used. Management estimates the machine will yield an after-tax net income of $12,500 each year. Compute the accounting rate of return for the investment.
A. 11.8%. B. 12.5%. C. 26.8%. D. 10.8%. E. 22.5%.
An injured party who rescinds a contract after having performed services may recover the reasonable value of the performance rendered under restitutionary or quasi-contractual damages
Indicate whether the statement is true or false