BMW integrates several different dimensions along the value chain at the same time.

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


True

Business

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The trial balance of Barger Company at the end of the accounting period, immediately prior to recording closing entries, showed the following: DebitCreditCash 16,000    Land 30,000    Notes Payable    19,400 Common Stock    9,000 Retained Earnings    14,000 Service Revenue    43,000 Expenses 38,400    Dividends 1,000    Total$85,400 $85,400 What will the balance of the retained earnings account be after the closing entries are recorded?

A. $17,600 B. $18,600 C. $4,600 D. $3,600

Business

If information is obscured or omitted, what can be the result for the communication?

A) The communication becomes inaccurate. B) The communication becomes unethical. C) Pertinent information is missing. D) The quantity of the information suffers. E) The reader is more likely to support your argument.

Business

Briefly explain the difference between Unearned Art Fees and Art Fees Earned

Business

An increase in contribution margin per unit can be created by an ________ in sales price per unit and a ________ in variable costs per unit.

A) increase, decrease B) decrease, increase C) increase, increase D) decrease, decrease

Business