Company sales records, customer support records, and sales force reports are all forms of
A. external company data.
B. internal company data.
C. competitive intelligence.
D. predictive models.
Answer: B
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An entry by a customer to record a return of merchandise would include a
a. debit to Purchase Discounts; b. credit to Purchase Returns and Allowances; c. credit to Accounts Payable; d. all of these; e. none of these
Orlov Corporation purchased 22,000 shares of Matsey Corporation common stock for $40 per share on January 1, 2009 . Matsey reported net income of $120,000 for 2009 and paid dividends of $45,000 during 2009 . As of December 31, 2009, the market value of Matsey Corporation common stock was $39 per share. Assuming the shares owned by Orlov represent 10 percent of the total outstanding stock of
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