___________________________________ is primarily a question of timing
Fill in the blank(s) with correct word
Revenue recognition
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Last month Peggy Company had a $30,000 profit on sales of $250,000. Fixed costs are $60,000 a month. What sales revenue is needed for Peggy to break even?
A. $166,667 B. $90,000 C. $280,000 D. $30,000
Which of the following statements is true of the North American Industry Classification System (NAICS)?
A. It was developed by the Federal Trade Commission (FTC). B. It is a classification system developed by the United States. C. It uses an eight-digit classification system. D. It is limited in its use to only manufacturing companies. E. It was created to collect data on North America's business activity.
Approaches to geographic segmentation include all of these EXCEPT ________.
A. climate B. size of population C. gender of population D. density of population E. region
Cisco Systems, a computer networking firm, has undertaken over 80 acquisitions in the last decade. It uses these acquisitions to acquire ________ that will permit it to expand its product offerings and services through the addition of the acquired technologies.
A. trend information B. the global presence C. valuable resources D. a reputation