Property taxes on the factory buildings should be charged to factory overhead
a. True
b. False
Indicate whether the statement is true or false
True
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During January of Year 1, Sports World experienced the following business events. The company uses the perpetual inventory system. 1) Jan 3. Purchased $10,000 of merchandise from a supplier, Apex Athletic Shoes. The terms of the purchase: 2/10, n/30 and FOB shipping point.2) Jan 5. Paid $275 cash for freight to trucking company to have goods shipped from Apex.3) Jan 7:(a) Sold merchandise for $1,500 to a customer on account. (b) The merchandise had cost Sports World $900.4) Jan 10. Returned $1,100 of defective shoes to Apex. 5) Jan. 11: (a) Recorded the cash discount on the goods purchased in Event 1(b) Paid amount due on account to Apex for merchandise purchased on Jan. 3.6) Jan. 12: (a) Accepted a return of $375 of the goods sold on Jan. 7. (b) The cost of these goods was
$225.Required:Record the events in general journal format. What will be an ideal response?
Products falling under one category of the BCG matrix are most likely to be eliminated. Identify this category
A) cash cows B) dogs C) stars D) problem children
What is a global firm?
A) A firm that operates in one country and exports its goods and services to foreign countries. B) A firm that operates in more than one country and has a sales and marketing staff in those countries. C) A firm that operates in more than one country and captures R&D, production, logistical, marketing, and financial advantages not available to purely domestic competitors. D) A firm that sells its products and services across the world but restricts manufacturing to the home country. E) A firm that operates in more than one country but restricts the sale of its products to the home country.
Technical skills can be learned on the job. ______ are learned throughout your life.
A. Human skills B. Leading skills C. Management skills D. Emotional skills