The number of companies using social networking sites to promote their product and services ____ increasing
A) is
B) are
C) were
A
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In a mid-size sales organization, typically the vice president of marketing or sales heads the sales organization
Indicate whether the statement is true or false
________ insurance serves as a backup for expenses not covered by basic health insurance
A) Excess hospitalization insurance B) Surgical expense insurance C) Major medical insurance D) Physician expense insurance
Carlos Spencio purchased 3,000 shares of Carlise Mutual Fund for an offer price of $22.86 per share. He later sold the shares at a net value of $22.98 per share. During the time Carlos owned the shares, Carlise paid dividends of $.38 and $.42 per share. What was Carlos' gain on this investment?
Prepare the necessary adjusting entries to record bad debts expense assuming this company's bad debts are estimated to equal 5% of accounts receivable.
At December 31 of the current year, a company reported the following: Total sales for the current year: $980,000 includes $160,000 in cash sales Accounts receivable balance at Dec. 31, end of current year: $160,000 Allowance for Doubtful Accounts balance at January 1, beginning of current year: $7,300 credit Bad debts written off during the current year: $5,800.