Regardless of the language of the contract, title to goods passes to the buyer at the time and place at which the seller physically delivers the goods.
Answer the following statement true (T) or false (F)
False
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Lewis Corporation reported the following information for the year ended December 31, 2015: Net income $ 10,000 Dividends 6,000 Retained earnings at December 31, 2015 25,000 What was the economic effect of the payment of Lewis' dividends?
a. The dividend reduced net income for 2015. b. The dividend should be equal to net income if the company's accounting equation is in balance. c. The dividends reduce total retained earnings for the year. d. The dividends must be paid whenever Lewis Corp. reports net income.
An unauthorized scan of a bank account can be an invasion of privacy.
Answer the following statement true (T) or false (F)
Luis has just learned that Brian, who has less experience and who does less work, receives a higher salary. Since learning this, Luis has been very unhappy and has started to look for another job. What model of job satisfaction best explains Luis's reactions?
A. equity B. met expectations C. value attainment D. dispositional components E. need fulfillment
_____ sales promotions are targeted toward the ultimate end-user market.
A. Facilitating B. Intermediary C. Pull D. Consumer E. Trade