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28. Many people incorrectly equate promotion with A. advertising. B. selling C. pricing D. product designing. E. distribution. 29. If a boat manufacturer orders 50

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28. Many people incorrectly equate promotion with A. advertising. B. selling C. pricing D. product designing. E. distribution. 29. If a boat manufacturer orders 50 units of fiberglass material and secures trade credit, promising to pay the supplier at a later date, the manufacturer will record the amount to be paid as a(n) A. account receivable. B. current asset. C. long-term liability. D. account payable. E. equity account. 30. One of the best ways to analyze a company's financial performance is to compare its A. suppliers who work in the field B. manufacturers producing their products. C. companies in the same industry. D. the U.S. government. E. foreign governments. ratios with those of

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