The amounts for sales returns and allowances, sales discounts, and net sales added together equal gross sales.
Answer the following statement true (T) or false (F)
True
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An automobile parts retailer purchases merchandise inventory for cash. When using a manual accounting information system, this transaction is recorded in the ________.
A) purchases journal B) general journal C) cash payments journal D) sales journal
Compared with people-based services, equipment-based services do not have the marketing concern of
A. immeasurability. B. inventory. C. intangibility. D. inconsistency. E. insensitivity.
The price-earnings (P/E) ratio gives an indication of _____.
A. a firm's debt position B. a stock's dividend yield C. the payback period of a stock D. the par value of a stock E. the maturity value of a stock
. Which of the following firms would likely pose the least competitive threat?
A. a firm in the same industry and in the same strategic group B. a firm in the same industry and in the nearest strategic group looking to join your group C. a competitor to your product where a high switching cost exists D. a firm that produces substitute goods to your product line