Which of the following will not improve a company's gross profit percentage?
A. An increase in the sales price.
B. Collecting cash from customers in advance.
C. A decrease in the cost of inventory.
D. A decrease in the shipping cost for merchandise purchased.
Answer: B
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When a stock dividend of less than 20?25% is declared and the market value exceeds the par or stated value of the shares, an amount equal to the market value of the shares to be distributed should be charged (debited) to which of the following accounts?
a. Stock Dividends b. Stock Dividends Distributable c. Paid-In Capital in Excess of Par d. Capital Stock
For ______ to succeed, one speaker must begin speaking before being yielded the floor.
A. interruption B. argument C. consensus D. small talk
In selecting the proper survey method, researchers balance:
A) the cost of the project with what the client is willing to pay B) the time limitation of the client with the speed with which surveys must be conducted in order to have a profitable research firm C) the quality of information desired with the requirement to take advantage of today's technology D) the quality of information desired with time deadlines, budget constraints, and other considerations E) none of the above
A general partnership agreement must always be in writing to be considered legal
Indicate whether the statement is true or false