The liquor industry is attempting to revive the stagnant spirits industry by introducing low-alcohol cocktails such as Jack Daniel's Country Cocktails, Smirnoff Quenchers, and Southern Comfort Cocktails. What is the strategy behind these new product introductions?

On October 1, 2017, Android, Inc. made a loan to one of its customers. The customer signed a 4-month note for $150,000 at 11%. How much interest revenue did the company record in the year 2017? (Round your answer to the nearest dollar.)

A) $1,650 B) $1,375 C) $5,500 D) $4,125

Which of the following channel functions constitute only a backward flow?

A) movement of physical goods B) placing orders with suppliers C) persuasive communication D) storage of physical goods E) overseeing actual transfer of ownership