Answers

AA

Answered

Marketers should view pricing decisions as an opportunity to create value.

On Jul 10, 2024


True
AA

Answered

Responsibility accounting reports for profit centers are normally in the form of income statements.

On Jul 10, 2024


True
AA

Answered

A foreign corporation must incorporate in each state in which it does intrastate business.

On Jun 11, 2024


False
AA

Answered

To identify the advocates and opponents of a project, begin by reading public documents such as the minutes of the meeting at which the project was approved.

On Jun 10, 2024


True
AA

Answered

The U.K.Equity account "Share premium" is reported on U.S.GAAP balance sheets as

A) capital reserve.
B) revaluation reserve.
C) capital in excess of par.
D) an accumulated other comprehensive income account.

On May 12, 2024


C
AA

Answered

It costs Custom Design, Inc., $10 to make a brass and copper candleholder. It sells the candleholder to a wholesaler for $16. The wholesaler sells the candleholder to a gift shop for $20. The gift shop prices the candleholder at $45. What was the markup on selling price for each member of this product's channel of distribution?

On May 11, 2024


Manufacturer $16 − $10/$16 = 37.5 percent
Wholesaler $20 − $16/$20 = 20 percent
Retailer $40 − $20/$40 = 50 percent