When a television advertisement makes a special offer on a piece of luggage, encouraging viewers to call a toll-free number to take advantage of the special, the ad is designed to meet the goal of:

A) building brand image
B) informing
C) persuading
D) encouraging action

D

Business

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Of the following, which is NOT a source of funds for a company?

A) Common shareholders B) Commercial banks C) Preferred stockholders D) All are sources of funds for companies.

Business

Given an accounts receivable turnover of 8 and annual credit sales of $362,000, the average collection period (360-day year) is

A) 90 days. B) 45 days. C) 75 days. D) 60 days.

Business