The "Stop the Texts. Stop the Wrecks." campaign co-sponsored by the Ad Council and the National Highway Traffic Safety Administration is an example of a marketing offering for a(n) ________
A) product
B) person
C) idea
D) place
E) organization
C
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You want to have $35,000 saved 6 years from now to buy a house. How much less do you have to deposit today to reach this goal if you can earn 5.5 percent rather than 5 percent on your savings? Today's deposit is the only deposit you will make to this savings account.
A. $733.94 B. $791.18 C. $824.60 D. $845.11 E. $919.02
High Inc. has an accounts receivable turnover ratio of 7.3. Low Company has an accounts
receivable turnover ratio of 5. Assuming that High and Low have the same sales level, which of the following statements is correct? A) Low Company has (on average) a lower accounts receivable balance than does High. B) High has a higher accounts receivable balance on average than does Low Company. C) High's average collection period is less than Low's. D) Low's average collection period is less than High's.