Which of the following is the least profitable method of liquidating markdown merchandise?
A. Give the merchandise to charity.
B. Consolidate the unsold merchandise.
C. Sell the merchandise to another retailer.
D. Carry the merchandise over to the next season.
E. Place the remaining merchandise on an Internet auction site.
Answer: D
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Laird is an employee ofMotor Parts, an auto parts store.On the orders of his employer,heswitches trademarks on parts that come into the store to be sold to consumers. This is most likely
a. forgery. b. larceny. c. robbery. d. obtaining goods by false pretenses.
A suretyship is a guarantee by the debtor that he will repay his loans
a. True b. False Indicate whether the statement is true or false
A(n) __________ includes anticipated and actual expenses for each responsibility center and for the total organization.
Fill in the blank(s) with the appropriate word(s).