Park, Inc purchased merchandise from Jay Zee Music Company on June 5, 2016 . The goods were shipped the same day. The merchandise's selling price was $15,000 . The credit terms were 1/10, n/30 . The shipping terms were FOB shipping point. Park received the merchandise on June 10, 2016 . Park paid the amount due on June 13, 2016. Who is responsible for payment of the transportation costs on the
merchandise sold by Jay Zee Music to Park?
a. Split equally between the two companies
b. Jay Zee Music Company
c. Park, Inc.
d. Cannot be determined from the information provided
c
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Which of the following statements about tax policy objectives regarding business expenses is false?
A. By disallowing a tax deduction, Congress increases the after-tax cost of undesirable expenditures. B. The business interest expense limitation increases the disparity between the tax treatment of debt and equity financing. C. The tax treatment of meals and entertainment expenses is intended to make the law more equitable. D. Lobbying expenses are not deductible because Congress does not want to subsidize political activities.
Which of the strategies should be adopted when a customer takes time to share a concern, complaint, or question?
A. Ensure that necessary follow-up actions begin once the transaction is completed. B. Take necessary actions to resolve the problem only when it is most convenient for you. C. Redirect the complaint, concern, or query to your boss. D. Pretend to address the customer's grievances by giving them utmost importance.
A central bank that is explicit about its goals and plans is said to be
A. obvious. B. transparent. C. translucent. D. opaque.
Public relations involves, by definition, two-way communication
Indicate whether the statement is true or false