A target market is not viable unless the segment is large enough to be profitable now and in the future
Indicate whether the statement is true or false
TRUE
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The empirical rule states that, for data having a bell-shaped distribution, the percentage of data values being within one standard deviation of the mean is approximately
A. 25%. B. 50%. C. 68%. D. 95%.
Heavy focus on price reductions and discounts during a recession allows firms to improve long-term brand equity and price integrity
Indicate whether the statement is true or false
Credit entries are used to:
A) increase asset accounts. B) increase liability accounts. C) increase expense accounts. D) increase dividends.
Hesson Properties, Inc Transactions for Hesson Properties are provided below. Nov. 1 Hesson purchases two new maintenance carts on credit at $375 each. The carts are added to Hesson's property, plant, and equipment records. Payment is due in 30 days. Nov. 8 Hesson accepts $75 of advance payments from customers for services to be provided in December. Nov. 15 Hesson receives the utility bill for
$150. Payment is due in 30 days. Nov. 20 Customers are billed $750 by Hesson for property services. Payment is due from the customers in 30 days. Nov. 30 Hesson received $500 from customers who were billed on November 20th. Refer to the transactions that occurred at Hesson Properties. Based on these transactions, what is the journal entry to record the November 8th transaction? A) Cash 75Service Revenue 75 B) Accounts Receivable 75Service Revenue 75 C) Cash 75Unearned Revenue 75 D) Unearned Revenue 75Accounts Receivable 75