Levi Strauss Recently Introduced Its New Totally Slimming Jeans

question 84

Multiple Choice

Levi Strauss recently introduced its new Totally Slimming jeans.The idea for the jeans came from a group session conducted last August in which a group of moms made it clear they were tired of low-rise styles.Instead,they wanted jeans that were comfortable while covering up problem areas and that showed off their figures.Levi's used this _____ data as the basis for designing this new line of jeans.

• A) primary
• B) secondary
• C) dichotomous
• D) convenience
• E) ethnographic

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Definitions:

Net Income

The company's net income, which is the remainder after deducting all expenses, taxes, and costs from the gross revenue.

Drawings

The act of the business owner taking out money or assets from the enterprise for private use.

Balance Sheet

A record that consolidates information about a company's assets, financial obligations, and the equity portion attributable to shareholders at a distinct time.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period of time, resulting in net profit or loss.