In which of the following scenarios would high-pressure selling tactics typically be most advantageous for marketers?
A) selling situations with long-time customers
B) selling situations with new customers with a high likelihood of becoming repeat customers
C) selling situations with a company's most highly valued customers
D) selling situations with one-time customers
E) selling situations with dissatisfied customers
D
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Ngu owns equipment that cost $93,500 with accumulated depreciation of $64,000. Ngu asks $35,000 for the equipment but sells the equipment for $33,000. Compute the amount of gain or loss on the sale.
A. $5,500 gain. B. $3,000 gain. C. $5,500 loss. D. $3,500 gain. E. $3,500 loss.
Hydralicious, a juice outlet, had to stop its business as health inspectors found that the storage facilities at the outlet were not hygienic as per standards set by the government. A _____ factor affected Hydralicious in this scenario
a. social b. economic c. legal d. cultural
The balance of the Unearned Fees account on the December 31, trial balance totals $48,000 . If only $5,000 of this total remains unearned, what will be the required adjusting entry?
a. Cash, debit, $43,000; Fees Earned, credit, $43,000. b. Unearned Fees, debit, $43,000; Fees Earned, credit, $43,000. c. Unearned Fees, debit, $48,000; Fees Earned, credit, $48,000. d. Unearned Fees, debit, $5,000; Fees Earned, credit, $5,000. e. Fees Earned, debit, $5,000; Unearned Fees, credit, $5,000.
Rebecca owes Ian $5,000. Ian needs money in a hurry so he assigns his right to collect from
Rebecca to Janet for $4,500. Several days later, Ian assigns his right to collect from Rebecca to Kristin for another $4,500. Ian then leaves town. Kristin is the first to notify Rebecca of the assignment. In the majority of states, which of the following best describes this situation? A) Rebecca need pay only Janet, since Janet was the first to receive the assignment. B) Rebecca must pay both Janet and Kristin, since a valid assignment was made to each. C) Rebecca need pay only Ian, since debts are not assignable. D) Rebecca need pay only Kristin, since Kristin was the first to give notice to Rebecca.