When companies sell their receivables to other companies, the transaction is called factoring
Indicate whether the statement is true or false
True
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Roki Inc uses the periodic inventory system. June 1 On hand, 50 units @ $15.00 each $ 750.00 5 Purchased 115 units @ $15.10 each 1,736.50 14 Purchased 75 units @ $15.20 each 1,140.00 Total cost of goods available for sale $3,626.50 30 On hand, 90 units If Roki uses the LIFO inventory method, the cost of goods sold for June would be
a. $2,200.00 b. $2,272.50 c. $2,296.08 d. $1,354.00
Which of the following is most likely a reason of why some categories have large numbers of product variants?
A) to reduce price visibility B) to keep competitors from getting shelf space C) to increase product recall D) to enhance the brand image
At the beginning of 2012 investors had invested $25,000 of common equity in Grant Corpand expect to earn a return of 11% per year. In addition, investors expect Grant Corp to pay out 100% of income in dividends each year. Forecasts of Grant's net income are as follows: 2012 - $3,500 2013 - $3,200 2014 - $2,900 2015 and beyond - $2,750 Using this information what is Grant's residual income
valuation at the beginning of 2012? a. $25,000 b. $26,350 c. $26,151 d. $26,041
Identify an important difference between strategic planning and marketing planning
What will be an ideal response?