Which retail assortment strategy is characterized by one-stop shopping appeals, a broad market appeal, and a high inventory investment?

a. narrow and shallow
b. narrow and deep
c. wide and shallow
d. wide and deep

d

Business

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Mickelson Company acquired an 80% interest in Footjoy on January 1, Year 1, for $1,200,000. The book value of Footjoy's identifiable net assets at that date was $900,000. One depreciable asset (10-year life) had a fair value that exceeded its book value by $100,000. Footjoy reported $60,000 of net income in Year 1 and paid $40,000 in dividends. What was the noncontrolling interest in NET ASSETS as of the date of acquisition, January 1, YEAR 1?

a. $240,000 b. $180,000 c. $300,000 d. $0

Business

_____ wrote the book Dynamic Administration, which emphasized the continually changing situations that managers face. Two key contributions of the author are the notion that managers desire flexibility and the differences between motivating groups and individuals.

A. Lillian Gilbreth B. Adam Smith C. Henri Fayol D. Max Weber E. Mary Parker Follett

Business