Concentrated advertising is well suited for products with one selling season or related holiday
Indicate whether the statement is true or false
TRUE
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Motor Sales sold its old office furniture for $6000. The original cost was $16,000, and at the time of sale, accumulated depreciation was $14,000. What is the effect of this transaction?
A) gain of $6000 B) gain of $4000 C) loss of $4000 D) loss of $6000
Which of the following is a noncash investing and financing activity?
A) payment of a cash dividend B) payment of a six-month note payable C) purchase of merchandise inventory on account D) issuance of common stock to acquire land
What type of display is generally associated with functional product groupings?
a. cut case display b. ensemble display c. case display d. dump bin
Statistical methods that require assumptions about the population are known as
a. distribution free b. nonparametric c. either distribution free of nonparametric d. parametric