Which of the following statements is FALSE? With a consumer proposal
A) court approval is not required for the proposal to be accepted
B) a landlord cannot terminate their lease while it is in effect
C) the utilities companies cannot cut off the person's services while it is in effect
D) creditors cannot use an acceleration clause to demand full payments now while it is in effect
E) a meeting with all creditors must occur and two-thirds must agree for the proposal to be accepted
E
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Grand Products is a price-setter that uses the cost-plus pricing approach for pricing its products
These products are unique, artistically designed architectural decorations. Grand produces and sells 6,200 units per year, which represent maximum capacity. Variable costs are $300 per unit. Total fixed costs are $910,000 per year. The CEO has a target of $60,000 in operating income, which he wants to achieve by year-end. Using the cost-plus pricing method, what sales price should Grand use? (Round your answer to the nearest cent.) A) $309.68 per unit B) $446.77 per unit C) $456.45 per unit D) $156.45 per unit
A recent trend in advertising is to involve media companies at an earlier stage in the campaign design process
Indicate whether the statement is true or false