The numerator in the markup percentage for the gross margin-based pricing method comprises selling expenses, general and administrative expenses, and a desired profit

Indicate whether the statement is true or false


True

Business

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Kim Airedale, a manager of Waggers, Inc., was reviewing the water bills of a dog daycare and spa. She determined that its highest and lowest bills of $3600 and $2800 were incurred in the months of May and November, respectively. If 500 dogs were washed in May and 200 dogs were washed in November, what was the variable cost per dog associated with the company's water bill? (Round your answer to the nearest cent.)

A) $4.00 B) $14.00 C) $7.20 D) $2.67

Business

Changes can occur at the ______ level when multiple organizations are involved, such as with mergers and acquisitions.

a. individual b. suprasystem c. team d. organization

Business

The marketing manager for Gillette razors is attempting to determine a sales estimate for the line of products that provide men with the ability to maintain their facial hair using a traditional razor or an electric razor. The marketing manager estimates that Gillette has a strong level of loyalty and brand name appeal and will garner 20% of the overall market. This amount is known as the _______. In addition, the marketing manager believes the total sales for the category will be $30 million annually for razors and razor blades for men. This is known as the ______________.

A. company sales potential; market potential B. market share; category sale C. industry share; company forecast D. demand; supply

Business

What is the rule on priorities between liens and Article IX security interests?

A) The first to attach has priority B) The first to record has priority C) There are no priorities; both collect a proportionate amount D) None of the above

Business