Loyal customers are often more price-insensitive than customers who need a price inducement to switch or to become a new customer

Indicate whether the statement is true or false


TRUE

Business

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The payee of a note recognizes a note payable on the balance sheet and interest expense on its income statement

a. True b. False Indicate whether the statement is true or false

Business

Elliot recently studied reinforcement theory in his organizational behavior class. He understands that how often a reward or punishment is applied can predict learning and motivation. This is referred to as ______.

A. theory of motivation B. annual review process C. schedules of reinforcement D. punishment planner

Business

A company paid $600,000 for 1-year, 10% bonds with a par value of $600,000 on July 1. The bonds pay 5% interest semiannually on December 31 and June 30. The company intends to hold the bonds until they mature. Prepare the journal entries for the following dates and transactions related to this bond acquisition.(1) Bonds purchased on July 1.(2) Receipt of semiannual interest only on December 31.(3) Receipt of semiannual interest only on June 30.(4) Redemption of the bonds at maturity on June 30.

What will be an ideal response?

Business

The additive form of the systematic component of demand is shown as

A) level × trend × seasonal factor. B) level + trend + seasonal factor. C) (level + trend) × seasonal factor. D) level × (trend + seasonal factor).

Business