According to a survey from the European commission, what percentage of European consumers will buy from a website developed in a language other than their own either frequently or all of the time?
A) 5 percent
B) 18 percent
C) 22 percent
D) 37 percent
E) 42 percent
Answer: B
Explanation: B) A survey from the European commission found that "Only 18% of EU internet users buy online in another language frequently or all the time."
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Which of the following guidelines is one of the basic rules given in the text for using questions?
A. Remain silent, even for a few minutes, to get an answer from the prospect. B. Agree with everything the prospect says. C. Ask a non-directive question after receiving a negative response. D. If the prospect pauses in his answer, answer for him. E. Show the prospect the product after asking a product question.
Which of the following statements is false?
a. When standards are set at less than ideal levels, managers are allowing and encouraging ineffective performances. b. Implementing ideal standards begin with identifying where and why problems are occurring. c. Total Quality management and Just-In-Time production systems both evolved in Japan. d. Once established, standards should be maintained for at least three years.
The following two sets of priorities assume the same priorities: {P1=300, P2=300, P3=20, and P4=10} and {P1=30, P2=30, P3=2, and P4=1}
a. True b. False
Two sole proprietors, L and M, agreed to form a partnership on January 1, 20X9. The trial balance for each proprietorship is shown below as of January 1, 20X9. L M On Booksof LFairValues On Booksof MFairValuesCash$40,000 $40,000 $30,000 $30,000 Accounts Receivable (net) 60,000 52,000 70,000 56,000 Merchandise Inventory 100,000 94,000 100,000 114,000 Buildings (net) 280,000 320,000 250,000 280,000 Furniture and Fixtures (net) 60,000 64,000 40,000 44,000 Accounts Payable 110,000 110,000 80,000 80,000 Mortgage Payable 200,000 200,000 150,000 150,000 L, Capital 230,000 M, Capital 260,000 The LM partnership will take over the assets and assume the liabilities of
the proprietors as of January 1, 20X9.Required:a) Prepare a balance sheet, for financial accounting purposes, for the LM partnership as of January 1, 20X9.b) In addition, assume that M agreed to recognize the goodwill generated by L's business. Accordingly, M agreed to recognize an amount for L's goodwill such that L's capital equaled M's capital on January 1, 20X9. Given this alternative, how does the balance sheet prepared for requirement A change? What will be an ideal response?