Which type of marketing intermediary takes title to goods?
a. sales branch
b. merchant wholesaler
c. agent
d. broker
e. sales office
b. merchant wholesaler
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Almost all U.S. companies have used the indirect method of preparing the statement of cash flows:
A. in spite of the FASB's stated preference for the direct method. B. so that stockholders cannot determine how much cash was spent on executives' salaries. C. because most users of the financial statements do not understand the direct method. D. because it usually requires less space in the annual report.
The accounting for investments in common stock depends on the
a. expected holding period. b. purpose of the investment, as determined by the percentage held. c. purpose of the investment, as determined by management intent. d. all of the above e. none of the above
Identify all the gerunds in the following sentence: Some people believe that editing is easier than writing
What will be an ideal response?
S calls B and says, "I will sell my 1966 Mustang convertible to you for $3,000." B knows that the car is worth $4,000 . B replies, "Would that include the trunk-mounted spare tire?" S hangs up without a word. B calls back in three days and says, "I'll buy the car for $3,000." Is there a contract? Discuss fully