If you lease a car rather than buy one on credit, you have no statutory consumer protection
a. True
b. False
Indicate whether the statement is true or false
False
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________ is the amount that is left over after deducting all other business expenses but before deducting interest and taxes
A) Sales revenue B) Operating income C) Net marketing contribution D) Marketing expenses E) Gross profit
Computers collect, store, and process data into information according to instructions people provide via computer programs.
Answer the following statement true (T) or false (F)
A company purchased equipment for use in the business at a cost of $14,500, one-fifth was paid in cash, and the company signed a note for the balance. The journal entry to record this transaction will include a:
A. debit to Equipment of $2900. B. debit to Cash of $14,500. C. credit to Notes Payable of $11,600. D. debit to Notes Payable of $11,600.
Auto dealer and gasoline station franchises represent what type of structural arrangement?
a. voluntary wholesaler-retailer b. service sponsor-retailer c. cooperative wholesaler-retailer d. manufacturer-retailer