A rising gross profit rate most strongly suggests:
A. An increase in physical sales volume.
B. Strong consumer demand for the company's products.
C. Intense competition.
D. Increased short-term solvency.
B
You might also like to view...
William owns a four-unit apartment building for which he receives $500 per month per unit. Three of the units were rented for the entire 12 months. The fourth unit was occupied from January 1 to April 30, 2016. Upon vacating the unit the tenant was not refunded his security deposit of $500 due to damage to the unit. The unit was subsequently rented for 1 year beginning August 1, 2016. On August 1, 2016, the new tenant paid the first and last months' rent and a refundable security deposit of $500. What is William's rental income for 2016?
a. $24,000 b. $23,500 c. $22,500 d. $23,000
Peer-to-peer (p-to-p) marketing uses distribution channels through:
A) business-to-consumers. B) electronic commerce. C) business-to-business. D) door-to-door. E) manufacturer-to-wholesalers.