The last line of an income statement shows a business's ________.

A. gross profit or gross loss
B. profit or loss
C. net profit or net loss
D. gross margin


Answer: C

Business

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Mailing of a new offer to a handful of selected customers instead of all customers reduces the response rate to the offer

Indicate whether the statement is true or false

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Intestate succession involves looking for:

A) Intestate property. B) Heirs. C) Estate property. D) Escheat.

Business

Your home insurance policy has a $250 deductible. If a small fire causes $600 damage to your home, what amount of the claim would the insurance company pay?

A) $250 B) $350 C) $450 D) $600

Business

What are the purposes of (a) the situation analysis, (b) the marketing plan, and (c) the advertising plan?

What will be an ideal response?

Business