Rules applied by courts set up by merchants in early England are known as the law merchant.

Intraperiod tax allocation relates the income tax expense of the period to the specific items that give rise to the amount of the tax provision.

a. true b. false

As the marketing manager of a company that manufactures floor tiles, Evans Smith is given a target to achieve 500 new customers by the end of summer

He decides to search the market for probable customers who might use the product but do not at present. Which of the following strategies is Evans pursuing to increase the market demand for his product? A) market-penetration strategy B) new-market segment strategy C) geographical-expansion strategy D) needs-assessment strategy E) consolidation strategy