In 2016, online sales in the United States topped $1 trillion for the first time.
Answer the following statement true (T) or false (F)
False
Internet retailing is growing fast. In 2016, online sales in the United States topped $350 billion, but online sales still make up only 9 percent of all retail sales.
You might also like to view...
If a company purchases treasury stock for $6,000 and then reissues it for $5,000, the difference of $1,000 is
a. treated as a gain on the sale. b. treated as a loss on the sale. c. an increase in stockholders' equity. d. a decrease in stockholders' equity.
__________ is the transportation of any good or service into a country or region, from a foreign origination point.
Fill in the blank(s) with the appropriate word(s).
Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct labor requirement per unit is 0.50 hours. Labor is paid at the rate of $21 per hour. The total cost of direct labor budgeted for the month of August is:
A. $4,050. B. $85,050. C. $3,950. D. $168,000. E. $82,950.
Contact with the customer is usually higher in a manufacturing process than in a service process
Indicate whether the statement is true or false