The three primary types of product advertisement are pioneering, competitive, and ________.

A. industrial
B. subliminal
C. reminder
D. persuasive
E. informational


Answer: C

Business

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The following information is for a product manufactured and sold by Drake Company:Sales price per unit: $100Variable cost per unit: $30Total annual fixed costs: $350,000Required:1) Calculate the contribution margin per unit.2) How many units must Drake sell to break-even?3) How many units must Drake sell to achieve a profit of $35,000?

What will be an ideal response?

Business

Generally, reasonable liquidated damage clauses will be enforced

a. when actual damages are easily determined. b. when actual damages are difficult to determine. c. almost always. d. only in real estate sales contracts.

Business

The theory behind the mutual fund cash ratio is

A) mutual fund managers hold high levels of cash when they are optimistic about market conditions. B) when mutual fund managers hold high levels of cash, they must eventually buy stocks with it. C) when mutual fund managers hold low levels of cash they are pessimistic about market conditions. D) when market conditions are favorable, shareholders remit more cash than the managers can invest.

Business

When displaying tables and lists, you should break long sequences of alphanumeric data into small groups of three to four characters each

Indicate whether the statement is true or false

Business