A retailer's organizational mission is its _____

a. consumer orientation
b. commitment to a type of business and to a distinctive role in the marketplace
c. focus on determining and satisfying consumer wants and needs
d. good or service category determination


b

Business

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Why is telemarketing considered to be one of the most intrusive forms of direct marketing?

What will be an ideal response?

Business

Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2,000 uncollectible account of its customer, A. Hopkins. On July 10, Gideon received a check for the full amount of $2,000 from Hopkins. On July 10, the entry or entries Gideon makes to record the recovery of the bad debt is:

A.

Accounts Receivable-A. Hopkins2,000 
Allowance for Doubtful Accounts 2,000
Cash2,000 
Accounts Receivable-A. Hopkins 2,000

B.
Accounts Receivable-A. Hopkins2,000 
Bad debts expense 2,000
Cash2,000 
Accounts Receivable-A. Hopkins 2,000

C.
Allowance for Doubtful Accounts2,000 
Accounts Receivable-A. Hopkinse 2,000
Accounts Receivable-A. Hopkins2,000 
Cash 2,000

D.
Cash2,000 
Accounts Receivable-A. Hopkins 2,000

E.
Cash2,000 
Bad debts expense 2,000

Business

Bob's Farm Rental and Party Supply posted an EBIT of $45,000 and has no investments in working capital or assets. Shareholders are requiring a return of 22%. Calculate the value of the company. Assume a tax rate of 15%

A) $204,545 B) $173,864 C) $300,000 D) $234,000 E) $217,865

Business

Which of the following can be used in a WHERE clause?

a. single-row subquery b. multiple-column subquery c. multiple-row subquery d. all of the above

Business