Due to the intangibility of their offerings, services retailers often use tangible symbols to inform customers about the quality of their services.

Answer the following statement true (T) or false (F)


True

Due to the intangibility of their offerings, services retailers often use tangible symbols to inform customers about the quality of their services. For example, lawyers frequently have elegant, carpeted offices with expensive antique furniture.

Business

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A mere acknowledgment of a debt is not sufficient to create a negotiable instrument.

Answer the following statement true (T) or false (F)

Business

On January 3, 20X9, Pleat Company acquired 80 percent of Stitch Corporation's common stock for $344,000 in cash. At the acquisition date, the book values and fair values of Stitch's assets and liabilities were equal, and the fair value of the noncontrolling interest was equal to 20 percent of the total book value of Stitch. The stockholders' equity accounts of the two companies at the acquisition date are: PleatStitchCommon Stock ($5 par value)$500,000 $200,000 Additional Paid-In Capital 300,000  80,000 Retained Earnings 350,000  150,000 Total Stockholders' Equity$1,150,000 $430,000 Noncontrolling interest was assigned income of $11,000 in Pleat's consolidated income statement for 20X9.Based on the preceding information, what is the total stockholders' equity in the

consolidated balance sheet as of January 3, 20X9? A. $1,064,000 B. $1,150,000 C. $1,580,000 D. $1,236,000

Business

Which of the four-time series component is more likely to exhibit the changes in stock market prices at particular times during the course of one day?

a. Long-term trend c. Seasonal variation b. Cyclical variation d. Random variation

Business

One of the main functions of a database system is to provide timely answers to end users

a. True b. False Indicate whether the statement is true or false

Business