A photocopier salesperson is trying to determine how often he should call on a new account in order to provide proper service. He most likely has to consider all of the following EXCEPT:
A. servicing needs of purchased products.
B. the necessity and cost of overnight travel to visit the account.
C. present and potential sales.
D. number of orders expected annually from the account.
E. number of product lines sold to the account.
Answer: B
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Which one of the following procedures is incorrect for setting up and maintaining a petty cash fund?
a. A check is prepared for a fixed amount; when the check is cashed, the money is entrusted to a petty cash custodian. b. An entry is recorded to establish the fund and obtain the cash. c. When appropriate documentation is presented, cash payments are made from the fund; the petty cash custodian retains the documentation. d. When the petty cash fund is replenished, an entry is recorded to recognize an increase in the petty cash account.
Servo Industries' net income was $300,000. Given the account information below, what is the net cash flows from operating activities for Servo Industries? Decrease in Accounts Receivable$50,000 Decrease in Salaries Payable$75,000 Decrease in Inventory $20,000 Depreciation Expense$35,000 Increase in Interest Payable$7,000
A. $237,000. B. $337,000. C. $487,000. D. $323,000.
What country may be the last frontier for “excess” labor available for low-wage competition in their home countries or to fill jobs in developing countries that have fewer working-age people?
*a. Africa b. India c. United States d. France
?A marketing strategy is a written document that specifies the activities to be performed to implement and control a firm's marketing activities.
Answer the following statement true (T) or false (F)