Which of the following products would have the lowest transporting costs as a percentage of the selling price?
A. manufactured food
B. sand and gravel
C. chemicals and plastics
D. pharmaceuticals
E. electronic equipment
Answer: D
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The statement, "Single old ladies are cat people," reflects a(n)
A. accepted generalization. B. stereotype. C. finding of the grapevine. D. type of jargon. E. statement of fact.
Probably the most important indicator of financial health is the net cash flow from
a. operating activities. b. investing activities. c. financing activities. d. buying and selling activities.
The lower-of-cost-or-market basis for inventory valuation
a. is a conservative accounting policy. b. recognizes losses from decreases in market value before a sale occurs. c. recognizes gains from increases in market value above original acquisition cost only when a sale occurs. d. reports inventories on the balance sheet at amounts that are never greater, but may be less, than acquisition cost. e. all of the above
The traditional means of trading-area delineation for a new store is _____
a. Huff's model b. Gautschi's model c. license-plate analysis d. Reilly's law of retail gravitation