A feeling of affiliation a customer has with a firm is known as ________.

Fill in the blank(s) with the appropriate word(s).


Answer: loyalty

Business

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All of the following bank reconciliation items would result in a journal entry on the company's books except

a. interest income. b. fee for collection of note by bank. c. NSF check of customer. d. deposits in transit.

Business

Why is it important to include seasonality in financial projections?

What will be an ideal response?

Business

Robert Johnson contributed equipment, inventory, and $42,000 cash to the partnership. The equipment had a book value of $25,000 and market value of $28,000. The inventory has a book value of $50,000, but only had a market value of $15,000. due to obsolescence. The partnership also assumed a $12,000 note payable owed by Robert that was originally used to purchase the equipment. What amount should

Robert's capital account be recorded? A) $85,000 B) $73,000 C) $117,000 D) $105,000

Business

An industrial boiler has a mean time between failures of 344 hours and mean time to repair of 8 hours. In this case, the availability is ______.

a. 97.7% b. 93.6% c. 87.3% d. 98.1%

Business