If a radio conjures images that consumers can see clearly in their minds, the effect may be greater than seeing an actual visual portrayal

Indicate whether the statement is true or false


TRUE

Business

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Division A of Mocha Company has sales of $155,000, cost of goods sold of $83,000, operating expenses of $43,000, and invested assets of $150,000. What is the profit margin for Division A?

A) 19.3% B) 48.0% C) 18.7% D) 5.47%

Business

Within the same flexible budget performance report, it is impossible to have both favorable and unfavorable variances.

Answer the following statement true (T) or false (F)

Business

Philo wants to start a new business enterprise. Because it is difficult, if not impossible, to keep up with the many legal rules that govern business conduct, Philo most likely needs to consult

A. an accountant. B. an attorney. C. an experienced small-business owner. D. a partner.

Business

If you want to hedge and owe a firm a foreign currency in the future, you would

A) buy the foreign currency forward. B) sell the foreign currency forward. C) speculate on the possibility to not hedge. D) buy the currency now and deposit into a bank account until needed.

Business