When constructing a pro forma income statement, which of the following is likely to be calculated first among the items listed?

A) dividends
B) taxes
C) cost of goods sold
D) interest expense


C

Business

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George Katona is credited with creating the social class system still used in consumer behavior

Indicate whether the statement is true or false

Business

How is m-commerce different than e-commerce? 

A. researching products online prior to purchasing versus an impulse purchase online B. accessing the Internet using a tablet or smartphone versus a computer C. an interchange of goods on a large scale versus on a small scale D. main retailing versus event retailing E. a planned purchase versus an impulse purchase

Business

Heterogeneous shopping products need

A. widespread distribution but with assurance of preferred display or counter position. B. adequate representation in major shopping areas near similar products. C. enough exposure to aid price comparison. D. widespread distribution near probable points of sale. E. widespread distribution at low cost.

Business

____________________ is the right granted to a person or business to purchase items and pay for them at a later time

Fill in the blank(s) with correct word

Business