A popular sports company grants a license to people who use their logo on T-shirts and caps. They charge the company for the rights to use the logo. This is an example of which of the following revenue models?
a. advertising revenue model
b. intermediation revenue model
c. licensing revenue model
d. razor-and-razor-blades model
c. licensing revenue model
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One of the six fundamental mistakes that negotiators make that can derail the negotiation process and result in impasse is neglecting BATNAs. Briefly explain how this is a mistake.
What will be an ideal response?
Product standardization results in
A. lower design costs. B. increased competition. C. higher lead times. D. higher production costs. E. lower marketing efficiency.
Dahn Corporation has provided the following financial data:Balance SheetDecember 31, Year 2 and Year 1AssetsYear 2Year 1Current assets: Cash$227,000 $150,000 Accounts receivable, net 134,000 130,000 Inventory 150,000 130,000 Prepaid expenses 83,000 80,000 Total current assets 594,000 490,000 Plant & equipment, net 769,000 840,000 Total assets$ 1,363,000 $ 1,330,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable$200,000 $180,000 Accrued liabilities 63,000 70,000 Notes payable, short term 71,000 60,000 Total current liabilities 334,000 310,000 Bonds payable 290,000 290,000 Total liabilities 624,000 600,000 Stockholders'
equity: Common stock, $5 par value 400,000 400,000 Additional paid-in capital 50,000 50,000 Retained earnings 289,000 280,000 Total stockholders' equity 739,000 730,000 Total liabilities & stockholders' equity$ 1,363,000 $ 1,330,000 Income StatementFor the Year Ended December 31, Year 2Sales (all on account)$1,370,000 Cost of goods sold 850,000 Gross margin 520,000 Operating expenses 482,692 Net operating income 37,308 Interest expense 21,000 Net income before taxes 16,308 Income taxes (35%) 5,708 Net income$ 10,600 Dividends on common stock during Year 2 totaled $1,600. The market price of common stock at the end of Year 2 was $2.37 per share.The company's average sale period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.) A. 60.1 days B. 40.0 days C. 226.5 days D. 64.4 days
Jay can buy two boxes of cereal on sale for $3.99. Each box of cereal regularly sells for $3.19. How much will Jay save off the regular price if he buys 4 boxes on sale?