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HBX CORe is an online program offered by Harvard Business School that provides an introduction to the fundamentals of business. The program covers topics such as economics, accounting, and business analytics. HBX CORe aims to equip individuals with the essential knowledge and skills needed to succeed in business. The program is self-paced and can be completed in as little as three months.

HBX CORe Final Examination Sample Questions (Q207-Q212):

NEW QUESTION # 207
A chain of coffee stores recently released a new product priced at $3.00. After a few weeks of sales data, management noticed that the new product sold out in a majority of its stores. Which of the following strategies should management use to determine an ideal price?

* A. Maintain current prices and increase supply of the product
* B. Adjust the price for the product until it no longer sells out anywhere
* C. Gradually increase the price until profits begin to fall
* D. Survey customers who recently purchased the product
Answer: C

NEW QUESTION # 208
On an income statement, net sales minus cost of goods sold equals:

* A. gross profit.
* B. pretax profit.
* C. operating income.
* D. net income.
Answer: A

NEW QUESTION # 209
Which of the following options is an example of a liability?

* A. A bond purchased at a premium
* B. Outstanding preferred stock
* C. Payment received in advance from a customer
* D. The private mortgage of a CFO
Answer: C

NEW QUESTION # 210
Which of the following options is an example of a biased question? (Select all that apply.)

* A. Should the federal minimum wage be changed?
* B. Would it be better to replace the federal minimum wage with a living wage?
* C. Should the federal minimum wage be increased even though it would cost private businesses billions of dollars?
* D. Should Congress increase the federal minimum wage?
* E. What should the federal minimum wage be?
Answer: B,C

NEW QUESTION # 211
A company's 2013 year-end balance sheet included the following:

The company's net cash from operating activities on its 2013 statement of cash flows is $200,000. Current year depreciation expense is $25,000. What amount should the company report as net income for 2013?

* A. $170,000
* B. $175,000
* C. $130,000
* D. $230,000
Answer: A

NEW QUESTION # 212
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