Which of the following is in place when a manufacturer makes use of more than one type of channel?
A) multichannel distribution system
B) intermediation
C) third-party logistics
D) supply chain management
E) vertical marketing system
A
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Griffin Corporation invested $128,000 to acquire 27,000 shares of Delta Technologies, Inc on March 1, 2017
On July 2, 2017, Delta pays a cash dividend of $1.25 per share. The investment is classified as an available-for-sale investment. Which of the following is the correct journal entry to record the transaction on July 2, 2017? A) Cash 33,750 Long-term Investments-Trading Investments 33,750 B) Cash 33,750 Long-term Investments-Available-for-Sale 33,750 C) Cash 33,750 Long-term Investments-Held-to-Maturity 33,750 D) Cash 33,750 Dividend Revenue 33,750
The quantity of a good or service that manufacturers or owners are willing to sell at different prices during a specific time period is known as the:
A. supply of that product. B. demand for that product. C. elasticity of that product. D. utility of that product.