Following are transactions of gotebo tanners, inc., a new company, during the month of january 2012:

1. issued 10,000 shares of common stock for $15,000 cash.
2. purchased land for $12,000, signing a note payable for the full amount.
3. purchased office equipment for $1,200 cash.
4. received cash of $14,000 for services provided to customers during the month.
5. purchased $300 of office supplies on account.
6. paid employees $10,000 for their first month's salaries.

what was the balance of gotebo's cash account following these six transactions?

$29,800.

$19,300.

$17,800.

$22,400.

To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b.the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.

Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.