Tony Pool Chemical Co purchased 144 buckets of chlorine tablets over the Internet from Chemical, Inc, then placed the order with the manufacturer and arranged for its transportation by truck to the Tony Pool store
Chemical, Inc took title to the pool chemicals but never actually took possession of them. Chemical, Inc is an example of a ________.
A) drop shipper
B) truck jobber
C) rack jobber
D) mail-order wholesaler
E) cash-and-carry wholesaler
A
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The following information was taken from the financial statements of Brandon's Motor Shop: Total current assets $ 53,000 Property, plant, and equipment 6,000 Current liabilities 21,000 Long-term liabilities 4,000 Owner's equity 34,000 Beginning inventory 31,000 Ending inventory 33,000 Cost of goods sold 152,000 Net income 42,000 The current ratio for Brandon's Motor Shop is closest to
a. 1.3 to 1. b. 2.4 to 1. c. 2.5 to 1. d. 1 to 2.5.
Which of the following is a transaction site?
A) Wikipedia B) Yahoo C) eBay D) IMDB E) Facebook
Gains and losses on derivatives not designated as hedges of a specific risk, gains and losses on fair value hedges, and the ineffective portion of cash flow hedges affect net income simultaneously with changes in fair value
Indicate whether the statement is true or false
During the planning phase of an IMC program, a firm will identify the target audience, ________, set the budget, select the right promotional tools, design the promotion, and schedule the promotion.
A. specify the promotion objectives B. carry out the promotion C. state the mission D. pretest the promotion E. identify possible advertising or promotional firms