The prices of unsought products vary wildly.
Answer the following statement true (T) or false (F)
True
Price and distribution of unsought products vary wildly, but promotion tends to be aggressive to drum up consumer interest. See 12-1: Product: It's Probably More Than You Thought
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According to the provisions outlined in the contract between Kramer Inc. and its labor union, Kramer Inc. must pay its employees double for working overtime. However, due to financial constraints, the company is unable to meet these demands. The company and the union decide to negotiate the terms of the contract in a relatively informal manner. A non-authoritative third party is invited to listen to the views of both sides and help resolve the conflict. In the context of the alternatives to work stoppages, the third party in this scenario is an example of a(n)
A. mediator. B. rights enforcer. C. stakeholder. D. arbitrator. E. fact finder.
The gross profit method of inventory valuation is NOT valid when
a. there is substantial increase in the quantity of inventory during the year. b. there is substantial increase in the cost of inventory during the year. c. the gross margin percentage changes significantly during the year. d. all ending inventory is destroyed by fire before it can be counted.
Sinclair is considering the acquisition of new machinery that will produce uniform benefits over the next eight years. The following information is available: Annual savings in cash operating costs:$350,000 Annual depreciation expense:$250,000 If the company is subject to a 30% tax rate, what denominator should be used to compute the machinery's payback period?
A. $320,000. B. $245,000. C. $170,000. D. $70,000. E. None of the answers is correct.
Software is a set of programmed instructions that tell a device how to perform its functions
Indicate whether the statement is true or false