The terms of payment for a note receivable are generally longer than that of an account receivable

Saffron Foods sells jars of special spices used in Spanish cooking

The variable cost is $1 per unit. Fixed costs are $9,000,000 per year. It has $42,000,000 of average assets, and the desired profit is a 4% return on assets. Saffron Foods sells 5,000,000 units per year. The company uses cost-plus pricing because it is the only company that produces this kind of product. Using cost-plus pricing methodology, determine the sales price per unit. (Round your answer to the nearest cent.) A) $1.25 B) $3.14 C) $2.80 D) $1.00

A drive-through system at a fast food restaurant where the first facility takes the order, the second takes the money, and the third provides the food is an example of a:

A) single-channel, single-phase arrangement. B) single-channel, multiple-phase arrangement. C) multiple-channel, single-phase arrangement. D) multiple-channel, multiple-phase arrangement.