Memory units of a computer are measured in RAM

Indicate whether the statement is true or false


TRUE

Business

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

1. A patent is an exclusive right to reproduce and sell a book, musical composition, film, other work of art, or intellectual property. 2. Goodwill is the excess cost of an acquired company over the market value of its net assets. 3. A trademark represents the exclusive right to reproduce and sell a book, musical composition, film, other work of art, or intellectual property. 4. Franchises are privileges granted by a business to sell goods and services under specified conditions. 5. All intangible assets must be amortized each year.

Business

Use the information below to determine the sales revenue, cost of goods sold and gross profit that would be reported for the company related to the March 16 sale assuming the company uses weighted average inventory valuation and a perpetual inventory system.January 1:Purchased 100 units at $10 per unit.February 5:Purchased 60 units at $12 per unit.March 16:Sold 40 units for $16 per unit.

What will be an ideal response?

Business

________ ________ is the single most effective approach for establishing and developing a personal relationship with the customer.

Fill in the blank(s) with the appropriate word(s).

Business

David needs to acquire financial capital to purchase a printing press for his business. David can either acquire the financial capital for the press by borrowing money from a bank or by purchasing the press on credit from his supplier.

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

Business