A plant asset with a book value of $320,000 is sold for $560,000. The tax rate is 20%. What is the net after-tax cash inflow resulting from this sale?

Indra K. Nooyi is chief executive of:

A) Nissan Motor (Japan). B) PepsiCo (USA). C) Ford Motor Company (USA). D) Pharmacia Corporation (USA). E) Atlas Copco AB (Sweden).

Which of the following statements is true of the influence of customer characteristics on a company's channel strategy?

A) The need for multiple channel intermediaries decreases as the number of customers increases. B) The need for multiple channel intermediaries is high during the early stages of market development. C) The need for multiple channel intermediaries increases toward the last stages of market development. D) The technique of direct selling is one of the most cost-effective means of serving large-volume retailers.