A retailer accepted Visa charge sales totaling $1,000 and deposited the charge slips in the bank. Assuming a credit card discount expense of 4 percent, what would be the increase to Cash and the increase to Sales, respectively?
A) $1,000 and $960
B) $960 and $1,000
C) $960 and $960
D) $1,000 and $1,000
B
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The essential benefit is the fundamental need met by a product.
Answer the following statement true (T) or false (F)
What type of jurisdiction is jurisdiction over property that is the subject of the lawsuit?
a. Subject matter jurisdiction b. Personal jurisdiction c. Diversity jurisdiction d. In rem jurisdiction
Which of the following is NOT one of the seven stages that individuals or teams go through as they move from the beginnings of an idea to the fulfillment of final outcome?
A. Hearing the call B. Fear and resistance C. Resolution D. Turning point E. Journey mapping
To determine how much money to spend on advertising, marketers for a new brand of caffeinated energy drink decided that they wanted the advertising to create awareness of the new flavor in 80% of the energy drink market within one month of introduction. The marketers then determined how much it would cost to reach this goal. This is an example of which one of the following approaches to determining advertising budgets?
A. Objective-and-task B. Percent of sales C. Competition matching D. Arbitrary allocation E. Past-year comparison