Durability, portability, and searchable text are three advantages of e-books
Indicate whether the statement is true or false
TRUE
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The fixed amount in a salesperson's salary is primarily designed to stimulate and reward efforts from salespeople
Indicate whether the statement is true or false
Which of the following is NOT a recognized area of cultural intelligence?
a. interpersonal intelligence b. linguistic intelligence c. spatial intelligence d. synergistic intelligence
Noncumulative zoning permits higher uses in lower?zoned areas
Indicate whether the statement is true or false
Chance Corporation began operating a new retail business in the current year and had $500,000 of sales, $70,000 of which had not been collected by year-end. Total purchases were $350,000 on which $30,000 is still owed. Ending inventory is $60,000; operating expenses are $170,000, $50,000 of which is still owed at year-end.
a. Compute net income from the business under the accrual method. b. Compute net income from the business under the cash method. c. Would paying the $50,000 she owes for operating expenses before year-end change her net income under the accrual method? Under the cash method?