Customers often take their business to competitors if they feel they have received poor service and complacency, inappropriate complaint resolution, or unmet needs from one's company.
Answer the following statement true (T) or false (F)
True
If customers perceive that you and/or your organization do not sincerely care about them or about solving their problems, they may go elsewhere.
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Product costs can be found on both the balance sheet and the income statement
Indicate whether the statement is true or false
What term is used for the positive gain from a business operation after all of the expenses have been subtracted?
A. gross margin B. total sales C. revenue D. earnings E. profit
To average the range beginning with B6 and ending with B8, key
A) =B6+B7+B8 B) =B6..B8/3 C) =average(B6:B8) D) average(B6..B8)
Merchant Corporation provides plumbing services. Transactions of Merchant during the first year of operations are given below
a) Received $12,000 cash and issued common stock to Sharon b) Paid $1,600 cash for equipment to be used for plumbing repairs. c) Borrowed $14,000 from a local bank and deposited the money in the checking account. d) Paid $600 rent for the year. e) Purchased $200 of office supplies by cash. f) Completed a plumbing repair project for a local lawyer and received $3,000 cash. Calculate the amount of total liabilities at the end of the first year. A) $14,000 B) $12,000 C) $24,400 D) $3,000