Lack of self-confidence prevents some salespeople from asking for the order
Indicate whether the statement is true or false
TRUE
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The Craig-Doran Partnership owns inventory that was purchased for $85,000, has a current replacement cost of $54,500, and is priced to sell for $98,000 . At what amount should the inventory be recorded in the accounts of the new partnership if Alexis is to be admitted?
a. $98,000 b. $54,500 c. $85,000 d. $79,167
Answer the following statements true (T) or false (F)
1. You only need to practice your speech once to be adequately prepared. 2. Presenting a speech should become effortless. 3. When you approach the podium, you should try to visualize yourself succeeding.
Franklin wrote a check on the Second National Bank payable to Garth. When Garth presented the check for payment, Second National refused to cash it, although the check was in proper form and Franklin had sufficient funds on deposit at the bank. The Second National Bank is liable to
a. Franklin and Garth. b. Franklin only. c. Garth only. d. no one.
Total assets less net fixed assets equals ________
A) gross assets B) current assets C) depreciation D) liabilities and equity