Cragmont has beginning equity of $277,000, net income of $63,000, dividends of $25,000 and no additional investments by stockholders during the period. Its ending equity is:
A. $277,000.
B. $365,000.
C. $315,000.
D. $239,000.
E. $189,000.
Answer: C
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Internet service providers are an example of organizations that provide both products and services.
Answer the following statement true (T) or false (F)
The forerunner of today's public relations firms—The Publicity Bureau, founded in Boston—gained national prominence in 1906 when it was employed by which one of the following?
A. Ford Motor Company D. The meat packers B. Standard Oil Company E. President Theodore Roosevelt C. The nation's railroads
Possible communication channels for customer service include all of the following EXCEPT this:
a. Websites b. Personal interaction c. Print media d. Marketing materials
The ________ is the time period that elapses from the point when a firm sells a finished good on account to the point when the receivable is collected
A) cash conversion cycle B) average payment period C) average age of inventory D) average collection period