Scanner data that provides information on purchases by brand, size, price, and flavor or formulation are called volume-tracking data
Indicate whether the statement is true or false
TRUE
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Small countries tend to have higher measures of openness than larger countries because
a. their productivity is higher. b. they are more reliant on international trade. c. they are less reliant on international trade. d. they are more economically diverse.
In what ways can brand extensions improve the odds of new-product success?
What will be an ideal response?
Which of following functions should be segregated?
a. opening the mail and making the journal entry to record cash receipts b. authorizing credit and determining reorder quantities c. maintaining the subsidiary ledgers and handling customer queries d. providing information on inventory levels and reconciling the bank statement
Pacific Green Company is considering buying a unique bar-coding machine to help them track their plant inventory. They are using the payback period and accounting rate of return methods to evaluate the purchase. They will consider the project further if the payback period is less than four years and it has a minimum accounting rate of return of 7%. Relevant information on the machine is as follows:Acquisition cost = $48,000Expected salvage value = $0Expected annual cash inflow benefits = $13,000 per year for 5 yearsExpected useful life = 5 yearsRequired: Compute the payback period and ARR. Advise GPC on their appropriate action.
What will be an ideal response?