Under which method is it assumed that old stock is sold first and that new stock remains on the shelves?

a. FIFO
b. retail method of accounting
c. LIFO
d. cost method of accounting

a

Business

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Socially responsible funds are distinguished from other mutual funds because they

A) invest only in over-the-counter stocks. B) do not charge any sales commission or management fees. C) invest only in companies that meet specified moral, ethical, or environmental standards. D) will sell their shares only to investors who sign a statement saying they do not smoke tobacco or use alcohol.

Business

For the entrepreneur to use market segmentation he must

a. understand that markets can be broken down into distinctive groups. b. analyze the needs of the groups. c. identify the needs of his company's target customers. d. all of the above.

Business