In most cases, the sales representative is a general agent who can solicit orders and change price, terms, or conditions as well
a. True
b. False
Indicate whether the statement is true or false
False
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Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $260,000, $350,000, and $400,000, respectively, for September, October, and November. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale, 20% in the month following the sale,
and the remainder in the following month. The cash collections in October from accounts receivable are: A) $232,400 B) $240,000 C) $210,000 D) $337,400
Which of the following statements is true about the tweens in America?
a. They have grown up with and value traditional forms of media more than any other cohort. b. They are making an effort to look more mature at a younger age. c. They are a larger cohort than Millennials. d. They are still not familiar with the use of social media and mobile technologies.
Jill's Market has an inventory turnover of 120 times. Scott's Market has a turnover of 128 times. Scott's is more effective in managing inventory
Indicate whether the statement is true or false
Three of the largest petroleum refineries in the country have come to an agreement about what price they would pay to purchase crude oil from sellers. This is an example of ________
A) sellers' illegal per se price fixing B) sellers' illegal group boycott C) buyers' illegal per se price fixing D) buyers' illegal market sharing