Nordic Exports Inc reported net income of $150,000 for 2016, but its cash balance decreased $40,000 . Which financial statement should Nordic Exports' management refer to for an explanation of this situation?

Diffusion Research Company specializes in conducting market research for various firms

When it receives proposals for new research, its management will first estimate the cost of conducting the research and producing and delivering the final research report. The management then adds 30 percent to that cost estimate. This becomes the price estimate given to the potential research client. This suggests that Diffusion Research Company uses a _____ pricing objective. a. profit-oriented b. market share maximization c. status quo d. sales maximization

Jeff Immelt, CEO of General Electric, came up through the ranks as a salesperson at GE.

a. true b. false