If divisional income from operations is $75,000, invested assets are $737,500, and the minimum rate of return on invested assets is 6%, the residual income is $36,750
Indicate whether the statement is true or false
False
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Which of the following is true of direct marketing channels?
A) Direct marketing channels offer the greatest opportunity for sales communication and customer interaction. B) Direct marketing channels yield very low margins for the manufacturer. C) Direct marketing channels do not allow the manufacturer control over the sales messages and service quality. D) Direct marketing channels are most suited for inexpensive products that are bought in low quantities. E) Direct marketing channels result in the lowest out-of-pocket marketing expenses for the manufacturer.
A file that stores data used as a standard when processing transactions is
a. a reference file b. a master file c. a transaction file d. an archive file
Whirlpool took a 53 percent stake in the Dutch electronics group Phillips' home appliances business. Sharing ownership and control of this business enabled Whirlpool to leapfrog into the European market. This is an example of ________
A) a straight extension B) a joint venture C) an exporting agreement D) a licensing agreement E) a sprinkler approach
Explain the basic results that come from the restrict, project, and join functions