The weighted-average method determines the cost of equivalent units of production by accounting for beginning inventory costs separately from current period costs
Indicate whether the statement is true or false
FALSE
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Eric Nakamura, the owner of Giant Robot Magazine, says that while __________ have the advantage of communicating with a very broad audience, they also require careful monitoring in terms of appropriateness.
a. vlogs b. blogs c. podcasts d. all of the above
A study conducted by the University of Southern California indicates that as the current recession has worn on, most U.S. companies have chosen to cut the number of public relations professionals
Indicate whether the statement is true or false
Which of the following questions are addressed by an effective sales presentation?
A. What is the value-added of the product? B. What is the sales turnover ratio of the organization? C. What is the shareholding pattern of the board of directors of the organization? D. What is the estimated growth in sales of a product in the next quarter? E. What are the marketing strategies adopted by the company to ensure its sales?
[The following information applies to the questions displayed below.] Assume the perpetual inventory system is used. 1) Green Company purchased merchandise inventory that cost $64,000 under terms of 2/10, n/30 and FOB shipping point. 2) Green Company paid freight cost of $2,400 to have the merchandise delivered. 3) Payment was made to the supplier on the inventory within 10 days. 4) All of the merchandise was sold to customers for $94,000 cash and delivered under terms FOB destination with freight cost amounting to $1,600. What is the amount of gross margin that results from these transactions?
A. $28,880 B. $27,280 C. $31,280 D. $29,680