Razer-Edge makes machines for sharpening the blades used by butchers to slice meat. When Razer-Edge priced its Primary Sharpener, its salespeople were told that it would be sold for $1,700, but that there would be room for discounts and flexibility. The $1,700 price is which of the following prices for the Primary Sharpener?

Trianka Patel has recently started a mailing service in a region that is showing tremendous industrial growth. Her business has the capability to print, fold, insert, and mail all types of letters. Her customers include three local retailers, a small university, and a regional cable television provider. She needs more customers and plans to spend one day per week visiting businesses and introducing her services. What is she engaged in?

a. personal selling b. research and development c. direct sales management d. sales promotion

Which of the following accounts normally has a credit balance?

a. cash b. accounts receivable c. service revenue d. dividends