Your average customer is located 3 mailing days away from your firm. In addition, it takes 1 day for your funds to be available for use once you have made your bank deposit. You have determined that your total collection time is 8 days. How long on average is it taking your firm to process the payments from your customers?

A) 2 days
B) 3 days
C) 4 days
D) 7 days
E) 8 days

The average-total-cost curve reflects the shape of both the average-fixed-cost and average-variable-cost curves.

Assets needed only on a temporary basis is a legitimate reason for leasing rather than buying.

A carrier transports property or people by any means of conveyance.

Bhat and Cho do business as Data Security, a partnership. In most states, for the purposes of collecting judgments and having accounting performed, this firm would be treated as

A) a combination of individuals.
B) a proprietorship.
C) an independent entity.
D) an aggregate.

Jerome has found that both commercial and residential real estate buyers respond positively to his marketing communication message. Jerome has identified different ________ that respond similarly to his marketing efforts.

A) mass customization consumers
B) geographic segments
C) market segments
D) suppliers and retailers
E) geodemographic segments