Allyson and Jennifer Own and Run a Clothing Design and Manufacturing

question 41

Multiple Choice

Allyson and Jennifer own and run a clothing design and manufacturing shop in a mid-sized city in Western Canada.They market a particular style of adult clothing that caters to adults who spend much of their time in wheelchairs.They recently made the decision to stop advertising in print-based magazines and have moved their marketing and advertising needs strictly to digital copies of magazines.According to the text,which trend have the owners recognized?

• A) Advertising to a smaller but very select audience will result in more sales.
• B) Digitized copies of magazines reflect a growing environmental shift away from print copies.
• C) Print magazines sales have been declining while digitized copies with smaller markets are increasing in popularity.
• D) People who purchase their specialized clothing designs are more likely to shop and order online.

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Definitions:

Income Statements

These financial statements show a company's revenues, expenses, and profits over a specific period, providing insights into its financial performance.

Notes Receivables

Financial assets representing a right to receive payments from debtors under the terms of written promissory notes.

Maturity Value

The amount to be received at the maturity of a financial instrument, typically including both the principal and interest.

Calculating Interest

The process of determining the interest payment on a loan or investment, based on the principal amount, rate, and time.