Although customer service has in the past been an important factor in business buyer-seller relationships, its importance has been waning in the last decade.
Answer the following statement true (T) or false (F)
False
Business marketers are increasingly recognizing the importance of customer service.
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Kiting fraudulently places the company's marketable securities in the name of the officers
a. True b. False Indicate whether the statement is true or false
In the process of liquidation, a partnership firm sells its non-cash assets with a book value of $55,000, for $73,000. Which of the following will be included in the entry to record the sale of assets at liquidation?
A) Gain on Disposal will be credited by $73,000. B) Gain on Disposal will be debited by $73,000. C) Gain on Disposal will be credited by $18,000. D) Gain on Disposal will be debited by $18,000.
According to philosophical ethics, a simple acceptance of customary norms is an adequate ethical perspective.
Answer the following statement true (T) or false (F)
Assume a corporation has 3,000 shares of $4 par common stock outstanding. The corporation declares an 8% stock dividend. At the time of declaration, the market value of their stock was $6 . What is the appropriate journal entry?
a. Debit Stock Dividends $1,440, credit Stock Dividends Distributable $960 and credit Paid-in Capital in Excess of Par-Common Stock $480. b. Debit Stock Dividends $960, credit Stock Dividends Distributable $960 c. Debit Stock Dividends Distributable $960, debit Paid-in Capital in Excess of Par-Common Stock $480 and credit Stock Dividends $1,440. d. Debit Stock Dividends Distributable $960, credit Stock Dividends $960. e. Debit Stock Dividends $1,440, credit Stock Dividends Distributable $480 and credit Paid-in Capital in Excess of Par-Common Stock $960.