A merchandiser uses a perpetual inventory system. The beginning Retained Earnings balance of the merchandiser was $95,000. During the year, Sales Revenue amounted to $75,000, Cost of Goods Sold was $30,000, and all other expenses totaled $12,000. The company declared and paid $19,000 as dividends. The last step in the closing process would include ________.
A) a debit to Income Summary for $33,000
B) a credit to Income Summary for $19,000
C) a debit to the Retained Earnings account for $33,000
D) a debit to the Retained Earnings account for $19,000
D) a debit to the Retained Earnings account for $19,000
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______ refers to the communicative behaviors any group member can enact to demonstrate leadership.
a. Task communication competency b. Relational communication competency c. Shared leadership d. Emergent leadership
If D0 = $1.75, g (which is constant) = 3.6%, and P0 = $32.00, what is the stock's expected total return for the coming year?
A. 8.37% B. 8.59% C. 8.81% D. 9.03% E. 9.27%
What are three consequences of poorly designed or unclear goals?
What will be an ideal response?
If Nordstrom sales associates are there to greet you as soon as you walk through the door, to assist you personally in finding the merchandise you are looking for, and to inform you about the store's events and services, the company is striving to compete on
A. quality. B. service. C. promotion. D. price. E. distribution.