Manufacturers that add online channels may avoid alienating retailers or other intermediaries by offering different brands or products through online channels than in stores
Indicate whether the statement is true or false
TRUE
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Use the information below for Shorter Inc for 2016 and 2017 to answer the following question. Equipment, December 31, 2016 $65,000 Equipment, December 31, 2017 72,000 Accumulated depreciation, December 31, 2016 39,000 Accumulated depreciation, December 31, 2017 30,000 During 2017, Shorter Inc sold equipment with a cost of $30,000 and accumulated depreciation of $25,000 . A gain of $3,000 was
recognized on the sale of the equipment This was the only equipment sale during the year. Assume that all purchases of equipment were paid with cash. How much cash was paid by Shorter for the purchase of equipment during 2017? a. $7,000 b. $30,000 c. $37,000 d. $72,000
In general, it is best if post audits are done by company management, since they understand the actual operating conditions
Indicate whether the statement is true or false
The case about the book, Guts: Combat, H***-Raising, Cancer, Business Start-Ups, and Undying Love, is about the author Robert Nylen’s:
a. efforts to overcome feelings of anger he experienced during combat and learn how to love again b. charismatic emotional displays and the power of telling emotionally engaging stories as way to leadership success c. ability to read other’s emotions during combat situations, business negotiations, and while dating d. efforts to avoid emotional hijacking and practice emotional self-control
Answer the following statement(s) true (T) or false (F)
Obtaining external financing is one of the major types of problems for a new venture during its first year.