Use the information in Scenario 9.11. What safety stock should the firm use for this product?
A) greater than 0 but less than or equal to 50,000 units
B) greater than 50,000 units but less than or equal to 100,000 units
C) greater than 100,000 units but less than or equal to 150,000 units
D) greater than 150,000 units but less than or equal to 200,000 units
E) greater than 200,000 units
C
Business
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A gift sent by mail to a customer, based on a proof-of-purchase receipt, is which type of premium?
A) free-in-the-mail B) self-liquidating C) bounce-back D) instant-redemption
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Gross profit is equal to
A) sales - cost of goods sold. B) earnings before taxes minus taxes payable. C) profits plus depreciation. D) revenues - expenses.
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