Price is the most important of the "Four Ps."

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


False

No single element of the marketing mix is more important than another. All four are equally important.

Business

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A liquidating dividend is usually paid when a company is going out of business or reducing its operations

Indicate whether the statement is true or false

Business

The first step in building a budget is to identify sources of debt financing.

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

Business

The yield to maturity on a zero coupon, $1,000 par value bond which will mature in 10 years is 5%. The price of the bond is $500

Indicate whether the statement is true or false.

Business

One of the consequences of trade restrictions is misallocation of international resources.

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

Business