The 200 percent or double declining balance method is allowable for five- and seven-year property.

Answer the following statement true (T) or false (F)


True

Business

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The difference between the assets invested and the liabilities assumed by the partnership is each partner's investment

Indicate whether the statement is true or false

Business

On November 1, 2018, Worldwide, Inc. declared a dividend of $3.00 per share. Worldwide, Inc. has 20,000 shares of common stock outstanding and no preferred stock. Prepare the journal entry to record this transaction. Omit explanation.

What will be an ideal response?

Business

The increased participation of women in the workforce, longer commuting times, and increased numbers of single parents all contribute to the increased importance of _____ through direct marketing

a. low costs b. greater personalization c. convenience d. greater customer service

Business

Television is the only advertising tool that influences word of mouth about a brand.

Answer the following statement true (T) or false (F)

Business