Which of the following statements is true about the annual report of a company??
A. ?The annual report contains four basic financial statements: the income statement; balance sheet; statement of cash flows; and statement of changes in long-term financing.
B. ?The annual report does not provide any information about a firm's future prospects.
C. ?The key importance of annual report information is that it is used by investors when they form their expectations about the firm's future earnings and dividends.
D. ?The annual report provides no relevant information for use by financial analysts or by the investing public.
E. ?The annual report is a report issued by each of the shareholders to the corporation and it contains information about the performance of the shares of the firm held by the shareholders.
Answer: C
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Holman Company pays each of its three salespeople a base salary of $1,000 per month plus a commission of 10 percent of their sales. The base salary is paid each month as incurred; the 10 percent commission is paid the month following the month of sale. The total sales for the past four months are as follows: June $15,000 July 22,000 August 39,000 September 40,000 Total salary and commission cash
payments for September total a. $3,900. b. $6,400. c. $6,900. d. $5,400.
When a food distributor considers changing the products it markets in the southern states because of an increasing percentage of customers from Central and South America, it is examining the ____ forces at work in the southern United States.
A. economic B. demographic C. technological D. political E. legal
Which of the following sentences is in passive voice??
A) ?The sales department did not meet its targets last month. B) ?The project team has achieved great results. C) ?A great job was done by the marketing research department. D) ?A new manager in the company has given a few suggestions.
Listening is an important employability skill when you are working with customers
Indicate whether the statement is true or false