Both internal and external factors can influence the pricing decision

Indicate whether the statement is true or false


True

Business

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Tanner and Teresa share income and losses in a 2:1 ratio after allowing for salaries to Tanner of $42,000 and $60,000 to Teresa. Net income for the partnership is $132,000 . Income should be divided as follows:

a. Tanner, $57,000; Teresa, $75,000 b. Tanner, $58,000; Teresa, $74,000 c. Tanner, $75,000; Teresa, $57,000 d. Tanner, $62,000; Teresa, $70,000

Business

Which method of improving response rate involves sending potential respondents a letter notifying them of the imminent mail, telephone, personal, or Internet survey?

A) motivating the respondents B) follow-up C) incentives D) prior notification

Business

Which of the following is not an asset?

A) Investments B) Cash C) Inventory D) Owner's Equity

Business

An exit does occur when:

A. Acquired by another company B. Stock is traded on the public exchange C. The investor’s position is bought back D. All of the above

Business