Simple interest means that interest is calculated on the principal and on all previously earned interest

Many marketing experts believe calculating the lifetime value of a market segment is superior to calculating the value for a single individual because it:

A) is a larger number B) is more stable than an individual C) adds costs that cannot be allocated per individual D) sums costs across a market segment

________ would appear on an income statement of both a retailer and a manufacturer

A) Direct materials used B) Ending balance in Finished Goods Inventory C) Selling expenses D) Ending balance in Merchandise Inventory