Two events A and B are said to be independent if P(A|B) = P(B)
Indicate whether the statement is true or false
F
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Use this information to answer the following question. The following totals for the month of November were taken from the payroll register of Levine Company: Salaries expense $12,000 Social security and Medicare taxes withheld 550 Income taxes withheld 2,500 Medical insurance deductions 250 Life insurance deductions 200 Salaries subject to federal and state unemployment taxes of 6.2 percent 4,000
The entry to record the payment of net payroll would include a a. debit to Salaries Payable for $12,000. b. debit to Salaries Payable for $7,950. c. debit to Salaries Payable for $8,500. d. credit to Cash for $9,050.
Which of the following is a difference between a retailer channel and a wholesaler channel?
a. A retailer channel is most common when the retailer is large and can buy in large quantities, while a wholesaler channel is commonly used for low-cost items that are frequently purchased. b. A retailer channel must be organized and managed as a group, while a wholesaler channel must be managed individually. c. A retailer channel helps differentiate a firm's final product from the competition, while a wholesaler channel does not. d. A retailer channel enables a retailer to use another manufacturer's already-established product, while a wholesaler channel does not.
The right to cure rule allows buyers to claim replacements for noncorforming goods
Indicate whether the statement is true or false
Reilly's law of retail gravitation calculates a ________ in retail trade between two communities.
A. break point B. population point C. gravitation point D. travel point E. retail point