Bill and Bob share profits of their partnership in the ratio of 6:1 respectively. If the net income of the firm is $29,000, calculate Bill's share of net income. (Do not round any intermediate calculations.)

A) $20,714
B) $4143
C) $29,000
D) $24,857


D) $24,857

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What is the result in cell B4? Note that the function is using a 30/360 day count basis.


a) 0.5
b) 1.0
c) 1.5
d) 2
e) 3

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Which of the following is true with regard to geographic organization?

A) It is the most common form of marketing organization. B) Different marketing activities are headed by a functional specialist. C) It requires salespeople to have international experience. D) It reduces the overall efficiency of salespeople. E) It allows salespeople to work with a minimum of travel time and cost.

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Column 1: c-chart

Column 2: Count of attributes What will be an ideal response?

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The most popular technique for gathering primary data is by observation.

Answer the following statement true (T) or false (F)

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