Which of the following statements is true?
A) Offensive strategic market plans require investment for growth, which limits long-run profit performance, but does not limit sales revenue.
B) Defensive strategic market plans promote short-run profit performance but are not that effective in growing sales revenue.
C) In the long run, all market strategy will shift from an offensive strategic market plan to a growth-oriented plan.
D) Offensive strategic market plans are geared to deliver above-average performance in the areas of sales growth, share position, and improved short-run profits.
E) Defensive strategic market plans are not geared towards the protection of market share.
B
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Dewey, Cheatem & Howe, Inc., received cash from selling 500 shares of its $0.50 par value common stock at $12 per share. What happens to SE?
A. 0 No Effect B. (6,000) Common Stcok C. 250 Common Stock D. 6,000 Common Stock E. 250 Common Stock; 5,750 Paid-in Capital in Excess of Par F. 5,750 Common Stock; 250 Paid-in Capital in Excess of Par G. (250) Common Stock; (5,750) Paid-in Capital in Excess of Par H. 6,000 Sales Revenue I. 6,000 Cash J. 250 Cash K. (6,000) Cash
Use the balance sheet of Maine, Inc to calculate the current ratio for 2017 and 2018
Maine, Inc Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Total Current Assets $200,000 $100,000 Property, Plant, and Equipment, Net 550,000 500,000 Other Assets 50,000 50,000 Total Assets $800,000 $650,000 Liabilities Total Current Liabilities $150,000 $100,000 Long-term Debt 350,000 250,000 Total Liabilities 500,000 350,000 Stockholders' Equity Total Stockholders' Equity 300,000 300,000 Total Liabilities and Stockholders' Equity $800,000 $650,000 What will be an ideal response