Which of the following statements is true of online retailing?
A. All the people visiting a typical website convert into paying customers.
B. Online retailers cannot provide efficient customer service like their on-ground counterparts.
C. There is a lack of security on the Web.
D. Online retailing will attract less customers than on-ground retailing.
Answer: C
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Dragoo Building Inc. has a crane with a book value of $240,000 and a four-year remaining life. A new crane is available at a cost of $615,000. Dragoo can also receive $48,000 for trading in the old pump. The new crane will reduce variable costs by $145,000 per year over its four-year life. The total impact to Dragoo over the crane's four-year life is:
A. Increase of $23,000. B. Decrease of $48,000. C. Decrease of $13,000. D. Decrease of $615,000. E. Increase of $13,000.
By definition, a résumé is a
A) detailed account of a jobseeker's personal journey through life. B) structured summary of a person's education, employment background, and job qualifications. C) random sample of a person's education, employment background, and job qualifications. D) catalog of a person's education, employment background, and job qualifications. E) written account of someone's musings about the job-search process.
Carson Products Inc manufactures LEDs (light emitting diodes) for use in vehicles. On September 30, the company had 5,000 LED units in inventory. The company's policy is to maintain a LED ending inventory equal to 25% of next month's expected sales. In addition, each LED manufactured requires 2 minutes of assembly and inspecting time at a cost of $.30 per minute. The company expects the following
sales activity for the fourth quarter of the year: October 90,000 units November 100,000 units December 80,000 units What is the projected direct labor cost for November? A) $72,000 B) $63,000 C) $60,000 D) $57,000
On January 1, Year 1, Weller Company issued bonds with a $280,000 face value, a stated rate of interest of 9.50%, and a 10-year term to maturity. Weller uses the effective interest method to amortize bond discounts and premiums. The market rate of interest on the date of issuance was 7.50%. Interest is paid annually on December 31.Assuming Weller issued the bonds for $300,840, what is the carrying value of the bonds on the December 31, Year 3? (Round your intermediate calculations and final answer to the nearest whole dollar amount.)
A. $306,600 B. $292,463 C. $296,803 D. $287,798