The president of a company that produces cardboard boxes is concerned about the large number of competitors with extra capacity. As he put it, "Our best shot is in the hands of our sales manager-she makes all of our marketing decisions and is creative enough to figure out how to sell more boxes." It seems that this company is run as if it were in the ________ era.
A. marketing department
B. sales
C. simple trade
D. production
E. marketing company
Answer: B
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How would an auditor generally measure the value of a stock option expense?
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Which of the following is true of negligence actions involving hazardous materials?
A) They are easy to prosecute primarily because many of the pollutants cause immediate harm. B) By the time the harm occurs, it is often difficult to link the damage to the defendant's release of the material. C) Unlike nuisance actions, negligence actions prevent pollution in the first place. D) The availability of defenses such as contributory or comparative negligence, as well as assumption of the risk, helps increase the effectiveness of this tort.
Alabama Industrial Manufacturers (AIM) follows the constant payout ratio dividend policy by paying out 70 percent of earnings each year. This year AIM expects the dividend payment to be 5 percent higher than last year's payment, which was $280,000. What is the amount of net income that AIM expects to generate this year?
A. $294,000 B. $980,000 C. $420,000 D. $686,000 E. $400,000