ETS-MFT Q25-49 WITH 100% VERIFIED ANSWERS (A+)
A company issued a $600,000, 12 percent, 90-day note payable to purchase an office
building. What is
the maturity value of the note? - ANSWER $618,000
A company had sales of $920,000 and fixed costs were $160,000. What was the income
from operations if the contribution margin ratio was 30 percent? - ANSWER $116,000
In a period of rising prices, which inventory valuation method would generally yield both
the
lowest ending inventory value and the lowest net income figure? - ANSWER Last in, first
out (LIFO)
Firms do international operations because they can get: - ANSWER Competitive labor
prices, cheap resources, and enormous market opportunities
A SWOT analysis focuses on a company's - ANSWER strengths, weaknesses,
opportunities, and threats
Priceless Treasures sells antique jewelry. The owner of Priceless Treasures, Sally
Thornton, would like to eliminate the printed catalog and use an online catalog in its
place.
Ms. Thornton decides to conduct a market research project to explore how Priceless
Treasures' target customers would react to the online catalog approach.
Ms. Thornton wants to take an online survey of her customers. What is the biggest
problem with using this survey method compared with a traditional mail approach? -
ANSWER Customers that do not use the Internet will be excluded from the sample.
A company issued a $600,000, 12 percent, 90-day note payable to purchase an office
building. What is
the maturity value of the note? - ANSWER $618,000
A company had sales of $920,000 and fixed costs were $160,000. What was the income
from operations if the contribution margin ratio was 30 percent? - ANSWER $116,000
In a period of rising prices, which inventory valuation method would generally yield both
the
lowest ending inventory value and the lowest net income figure? - ANSWER Last in, first
out (LIFO)
Firms do international operations because they can get: - ANSWER Competitive labor
prices, cheap resources, and enormous market opportunities
A SWOT analysis focuses on a company's - ANSWER strengths, weaknesses,
opportunities, and threats
Priceless Treasures sells antique jewelry. The owner of Priceless Treasures, Sally
Thornton, would like to eliminate the printed catalog and use an online catalog in its
place.
Ms. Thornton decides to conduct a market research project to explore how Priceless
Treasures' target customers would react to the online catalog approach.
Ms. Thornton wants to take an online survey of her customers. What is the biggest
problem with using this survey method compared with a traditional mail approach? -
ANSWER Customers that do not use the Internet will be excluded from the sample.
