Tangerine Inc

question 28

Multiple Choice

Tangerine Inc.conducts art contests for kindergarteners across many schools.The company encourages parents and siblings to be involved in these contests to encourage and support the participants.Parents and siblings constitute the:

• A)primary commodity market.
• B)primary target market.
• C)primary currency market.
• D)secondary target market.
• E)niche market.

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Definitions:

Payroll Taxes

Taxes that employers are required to withhold from employees' paychecks and/or pay on behalf of their employees, including Social Security and Medicare taxes.

Discounting

In finance, refers to the process of determining the present value of a payment or a series of payments that will be received in the future.

Note Payable

A written agreement to pay a specified sum of money, plus interest, on a set date, representing a liability for the issuer.

Proceeds

The total amount of money received from a transaction before any deductions are made for costs or expenses.