Personal selling is especially needed for complex or new goods and services.

a. True

b. False

At Nick's Bakery, the cost to make homemade chocolate cake is $3 per cake. As a result of selling three cakes, Nick experiences a producer surplus in the amount of $19.50. Nick must be selling his cakes for a. $6.50 each. b. $7.50 each. c. $9.

Purchase goods from Hari Rs 30,000 and partial payment Rs 20,000 (journal entries)

Alexis, a minor acting on her own, signs a contract to buy a motorcycle and accessories from Bad Bikes dealership. Later, after taking possession, Alexis disaffirms the deal. She a. can keep the motorcycle but not the accessories. b.

All of the machine hours take place in the Fabrication Department, which has estimated total factory overhead of $85,700. All of the labor hours take place in the Assembly Department, which has estimated total factory overhead of $70,900.

If an owner of a business sells a share of the business to a partner, the effect on the balance sheet of the business will be that

Emilia Feridy, the proprietor of EF Services, withdrew a total of $50 for to pay for her daughter's swimming lessons. What is the entry needed to record this transaction? A) Debit Emilia Feridy, Withdrawals and credit Emilia Feridy, Capital for $50.

Edward and first star company enter into an oral contract under which edward agrees to provide delivery service for first star for nine months. this contract is enforceable by

The graphs show the market for bags of potato chips, which is currently at an equilibrium price of $ 1.33 per bag and an equilibrium quantity of 5.33 million bags .

CDB stock is currently priced at $80. The company will pay a dividend of $4.57 next year and investors require a return of 10.8 percent on similar stocks. What is the dividend growth rate on this stock

Stock Y has a beta of 1.2 and an expected return of 12.1%. Stock Z had a beta of 0.8 and an expected return of 7.85%. The risk-free rate is 2.4% and the market risk premium is 7.2%. Are these stocks correctly priced