_____ products are searched for extensively, and substitutes are not acceptable. These products may be quite expensive, and often distribution is limited.
A. Exclusive shopping
B. Homogeneous convenience
C. Branded shopping
D. Specialty
E. Heterogeneous convenience
Answer: D
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Earned but unrecorded revenues are recorded during the adjusting process with a credit to a revenue account and a debit to an expense account.
Answer the following statement true (T) or false (F)
Planetary Systems is developing a gas vapor detection system that will be able to tell when a fuel system is in the early stages of becoming inefficient in a manner needing adjustment and will then sound an alarm to notify the driver. The system is still in the trial stages and has not been proven to be effective. What type of technology is this?
A. base B. emerging C. ancillary D. key E. pacing
When Apple makes innovations compatible with its existing products, it is encouraging consumers to maintain long-term relationships with the company.
Answer the following statement true (T) or false (F)
A company is going to issue a $1,000 par value bond that pays a 7% annual coupon. The company expects
investors to pay $942 for the 20-year bond. The expected flotation cost per bond is $42, and the firm is in the 34% tax bracket. Compute the following: a. the yield to maturity on the firm's bonds b. the firm's after-tax cost of existing debt c. the firm's after-tax cost of new debt