Worms cannot spread via instant messages
Indicate whether the statement is true or false
FALSE
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In order for the marketer to achieve effective market segmentation, which of the following conditions must exist?
A. The segments must be small enough to manage effectively. B. It must be possible to do a regression analysis on potential segments. C. Consumers' needs for the product must be homogeneous. D. The firm must be able to sell effectively to the chosen segment with a specific sales price. E. The segment must have enough profit potential to justify the development of a special marketing mix for the segment.
A rising stock market index due to higher share prices
A) increases people's wealth and as a result may increase their willingness to spend. B) increases the amount of funds that business firms can raise by selling newly issued stock. C) decreases the amount of funds that business firms can raise by selling newly issued stock. D) both A and B of the above.
When a court holds shareholders personally liable for corporate debts it is said to be:
a. "cutting the corporate veil" b. "opening the corporate veil" c. "closing the corporate veil" d. "tearing the corporate veil" e. none of the other choices are correct
Parent Corporation owns 90 percent of Subsidiary 1 Company's stock and 75 percent of Subsidiary 2 Company's stock. During 20X8, Parent sold inventory purchased in 20X7 for $48,000 to Subsidiary 1 for $60,000. Subsidiary 1 then sold the inventory at its cost of $60,000 to Subsidiary 2. Prior to December 31, 20X8, Subsidiary 2 sold $45,000 of inventory to a nonaffiliate for $67,000 and held $15,000 in inventory at December 31, 20X8.Based on the information given above, what amount should be reported in the 20X8 consolidated income statement as cost of goods sold?
A. $48,000 B. $12,000 C. $36,000 D. $45,000