Channel stuffing is an improper practice used to boost sales by inducing distributors to buy more inventory than they can promptly resell.
Answer the following statement true (T) or false (F)
True
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Answer the following statements true (T) or false (F)
1.Benjamin thinks that the new student on his debate team appears to not be very interesting, so Benjamin decides not to engage in conversation or to listen to him. These are signs that Benjamin is a deficient listener. 2.Sympathetic responsiveness is also known as empathy. 3.When we solicit additional information from another person in an effort to draw him or her out as well as to demonstrate our willingness to listen we are probing. 4.Alex began telling people at work a rumor about one of their coworkers. Most of the people he told did not response well to his gossip. This a case in which negative evaluative feedback encourages a person to continue the behavior that is being displayed. 5.People from Eastern cultures view silence as signaling respectability and trust; they believe that words can corrupt an experience.
Which of the following ratios provide information about liquidity?
a. Net profit margin. b. Current ratio. c. Inventory turnover. d. Sales to assets.
In which of the following situations would Adam Smith argue that government intervention in the marketplace is justified?
a. Many food items begin to arrive from abroad, and their cheap price is putting many local farmers out of work. b. A general economic downturn has occurred, leaving many out of work. c. A clothing manufacturer invents a new machine that makes it much more competitive than its rivals. d. Two growing cities have no road to connect them and no private party is seeking to build one.
Compton Corporation is a wholesale distributor of educational CD-ROMs. The company's records indicate the following: This YearLast YearUnits Sold 250,000 200,000Sales$1,250,000 $1,000,000Cost of goods sold 875,000 700,000Gross margin 375,000 300,000Selling and administrative expenses 222,000 210,000Net operating income$153,000 $90,000 Using the high-low method of analysis, what are the company's estimated variable selling and administrative expenses per unit?
A. $0.88 B. $0.96 C. $0.24 D. $4.17