Which of the following are promotional exhibits set up at the retailer's location to build traffic, advertise the product, or induce impulse buying. (They are targeted to consumers.)
a. direct demonstrations
b. freestanding kiosks
c. indirect demonstrations
d. point-of-purchase displays
Ans: d. point-of-purchase displays
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The following information is available for Felix Company: Net income $300 Decrease in plant and equip. $40 Depreciation expense 20 Increase in deferred tax asset 5 Gain on sale of assets 35 Decrease in long-term debt 50 Increase in inventories 25 Decrease in accounts payable 15
What is cash from investing activities for Felix Company? a. $5 b. $40 c. $75 d. $10
During the year, Dempsey Corporation's current ratio increased while its quick ratio decreased. Which of the following could help explain this situation?
a. A decrease in accounts receivable during the year b. An increase in accounts payable during the year c. The sale of short-term investments during the year d. An increase in inventory levels during the year