The manufacturer's suggested retail price is also referred to as the ________
A) break-even price
B) marginal price
C) list price
D) markup
E) markdown
C
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Grace Co. had a Chinese yuan payable resulting from imports from China and a Mexican peso receivable resulting from exports to Mexico. Grace recorded foreign exchange losses related to both its yuan payable and peso receivable. Did the foreign currencies increase or decrease in dollar value from the date of the transaction to the settlement date?
a. Increase Increase b. Increase Decrease c. Decrease Increase d. Decrease Decrease
Educational seminars are most likely a good source of prospects because:
A) people who pay for a seminar will buy product B) salespeople need help conducting demonstrations C) most seminar attendees are referrals D) product benefits and features can be showcased E) salespeople can build a close into the keynote speech