Which of the following terms best describes the marketing concept?
A. competition-oriented
B. society-oriented
C. sales-oriented
D. consumer-oriented
E. production-oriented
Answer: D
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Identify the on-the-job training program that is typically funded by an educational institution as a component of an academic program.
A. apprenticeship B. simulation training C. internship D. experiential training E. coordination training
Consider two firms, Go Debt corporation and No Debt corporation. Both firms are expected to have earnings before interest and taxes of $100,000 during the coming year. In addition, Go Debt is expected to incur $40,000 in interest expenses as a result of its borrowings whereas No Debt will incur no interest expense because it does not use debt financing. Both firms are in the 21 percent tax
bracket. Calculate the earnings after tax for both firms. Compare the difference in after-tax earnings to the difference in interest expense. Can you reconcile that difference? What will be an ideal response?
On February 1, 2021, Sanger Corp. lends cash and accepts a $2,000 note receivable that offers 10% interest and is due in six months. What would Sanger record on August 1, 2021, when the borrower pays Sanger the correct amount owed?A.Cash2,000 Interest Revenue100 Notes Receivable 2,100B.Cash2,100 Notes Receivable 2,100C.Cash2,100 Interest Revenue 100 Notes Receivable 2,000D.Cash2,200 Notes Receivable 2,200
A. Option A B. Option B C. Option C D. Option D
A model used in connection with selling goods will usually amount to a warranty that the goods will be as the model indicates.
a. true b. false