The United States Environmental Protection Agency (EPA) has mandated that, in order to reduce local pollution, all printing plants have to switch from oil-based inks to water-based inks
This will require entirely new printing presses and the procurement of a completely different printing plate technology. In this instance, the buying center of an organization using printing plants is most likely to face ________.
A) a need for market segmentation
B) a new task situation
C) a straight rebuy situation
D) a need for market diversification
E) delayed differentiation
B
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Pippen Co. recorded operating data for its shoe division for the year. The company's desired return is 5%.
Sales $1,000,000 Contribution margin 200,000 Total direct fixed costs 120,000 Average total operating assets 400,000 Which one of the following reflects the controllable margin for the year? a) $80,000 b) $60,000 c) 20% d) 50%
Daube Industries' operations for the month of October are summarized as follows:
A. Provided $2,500 of services on account. B. Received $2,000 cash for services provided in October. C. Received $500 cash for services to be provided in November. D. Received $1,500 cash on account for service provided in September. E. Paid September's warehouse rental bill on account in the amount of $500. F. Received October's rental bill of $750; set it aside. Required:Prepare journal entries to record the transactions identified among activities (A) through (F).