HCN recently introduced a product that the distributor considers a "bottleneck" item. What is the risk/opportunity relationship for bottleneck items?
A) low risk, mediocre opportunity
B) low risk, high opportunity
C) low risk, low opportunity
D) high risk, mediocre opportunity
E) high risk, low opportunity
E
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Which of the following is not an indicator that a company may be an agent?
A) The company provides goods or services to customers. B) The company does not have inventory risk. C) The company's consideration is in the form of a commission. D) The company does not have discretion in establishing prices for goods and services.
Houston Company produces a product that sells for $175 per unit and has variable costs of $50 per unit. Houston's annual fixed costs are $200,000, and the company wishes to earn a profit of $80,000.Required:Use the equation method to determine the sales volume in units and dollars required to earn the desired profit.
What will be an ideal response?
Sales for boxes of Girl Scout cookies over a 4-month period were forecasted as follows: 100, 120, 115, and 123. The actual results over the 4-month period were as follows: 110, 114, 119, 115. What was the MSE of the 4-month forecast?
A) 0 B) 5 C) 7 D) 108 E) None of the above
Velma transfers a note by signing it and delivering it to Woz. Woz is
A. a delivery person. B. an indorsee. C. a note passer. D. a promisee.