The two general approaches to measuring company sales potential are the breakdown and the buildup approach.
Answer the following statement true (T) or false (F)
True
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Abbel Inc., a manufacturing company, believes that pay is an investment that can generate returns in attracting, retaining, and motivating a high-quality workforce. In this case, which statement is true about Abbel Inc.?
A. It is a customer-friendly firm. B. It gives the least importance to profits. C. It considers its employees as resources. D. It helps employees find higher-paying jobs. E. It tries to keep its labor costs minimal.
On April 1, Garcia Publishing Company received $1,548 from Otisco, Inc. for 36-month subscriptions to several different magazines. The company credited Unearned Fees for the amount received and the subscriptions started immediately. Assuming adjustments are only made at year-end, What is the adjusting entry that should be recorded by Garcia Publishing Company on December 31 of the second year?
A. debit Unearned Fees, $516; credit Fees Earned, $516. B. debit Unearned Fees, $1,548; credit Fees Earned, $1,548. C. debit Unearned Fees, $129; credit Fees Earned, $129. D. debit Unearned Fees, $1,161; credit Fees Earned, $1,161. E. debit Unearned Fees, $387; credit Fees Earned, $387.
A retailer can buy a calculator for $2.50 and wants to obtain a 50 percent markup at retail. The retailer should charge a $3.75 retail price
Indicate whether the statement is true or false
In a goal programming model, goal priority indicates the order of importance for achieving each goal
a. True b. False