Economies of scale refers to which of the following?
a. Seeking out customers that will purchase large quantities
b. Purchasing and manufacturing product in high volume
c. Mitigating risk by insurance
d. Producing low volume product before higher volume product
b. Purchasing and manufacturing product in high volume
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Calculate the customer loyalty index if the customer history is 12, the purchase amount is 38, the desire to repurchase is 50, the product preference is 20, and there is no customer recommendation
A) 30 B) 24 C) 50 D) 65 E) 92
Weather Corp issued 10-year, 8%, $100,000 bonds paying interest on an annual basis, at a $5,200 premium. Which one of the following statements is true?
a. Weather's annual interest expense on the bonds will be greater than the amount of interest payments to bondholders each year. b. Weather's annual interest expense on the bonds will be less than the amount of interest payments to bondholders each year. c. Weather will receive $94,800 as the issue price. d. The cash paid to bondholders will be $520 each interest period.
Which of the following statements about Gen Xers is true?
A) Gen Xers are more optimistic and team-oriented. B) Gen Xers are selective, confident, and impatient. C) Gen Xers are highly socially conscious and concerned about environmental issues. D) Gen Xers feel self-sufficiency and the ability to handle any circumstance are key. E) Technology is a barrier for Gen Xers.
The high-low method
a. calculates variable costs per unit by dividing the difference in the high and low activity levels by the high and low costs. b. assumes that the fixed portion of the mixed cost is the lowest monthly cost incurred during the period under consideration. c. allows differentiation between fixed and variable costs when dealing with mixed costs. d. combines the fixed and variable portions of a cost to determine the total cost.