Competition between candy makers (e.g., Hershey, Mars, Cadbury, Nestlé, and Godiva) where firms compete in package design (including package downsizing) and ease of availability is characteristic of a(n):
A. slow-cycle market.
B. standard-cycle market.
C. fast-cycle market.
D. intermediate-cycle market.
Answer: B
You might also like to view...
Sloan invests office equipment valued at $125,000, delivery equipment valued at $30,000, and $21,000 in cash in a new partnership. In addition, the partnership assumes $37,000 in Sloan's liabilities. Right after the formation of the partnership, the amount of Sloan's capital account would be
a. $176,000; b. $155,000; c. $139,000; d. $118,000; e. $21,000 .
When an agent commits a tort or crime while working for the principal, the agent is not liable for the consequences of his actions if he is acting at the direction of the principal.
Answer the following statement true (T) or false (F)
The collection policy of the company is to collect 20% in the month of sale, 40% in the following month, and remaining 40% in the second month after the month of sale. All sales are made on account. Calculate the cash receipts from customers for the first six months.The collection policy of the company is to collect 20% in the month of sale, 40% in the following month, and remaining 40% in the second month after the month of sale. All sales are made on account. Calculate the cash receipts from customers for the first six months.
Valentina Company will begin operations on January 1st. The company has provided the following
details concerning budgeted sales:
James and Debra Reid purchased a home for $623,000 in January 2014. They put down $62,300 and financed the remainder with Fifth Third Bank. Fifth Third Bank recorded its mortgage on February 1, 2014. On March 31, 2014, the Reids purchased a swimming pool and the pool contractors, Cristoria Pools, financed the construction for $45.000. Cristoria recorded a second mortgage on the property on April
15, 2014. On December 15, 2014, the Reids sold their house to the Griffins for $720,000. The Griffins put $120,000 down and agreed to pay the Reids for the existing mortgage in wrap-around. The mortgage balance at the time of the sale was $619,000. The balance on the Cristoria mortgage was $42,000. On August 15, 2015, the Griffins defaulted on their payments. The Reids had already purchased another home and were unable to make the payments on the home. Fifth Third Bank foreclosed on the mortgage. ?What rights do the Reids have against the Griffins? A)?Breach of contract B)?The right to foreclose, subject to the priority interests of other lenders C)?Creditors if the Griffins declare bankruptcy D)?All of the above