For January, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising expenses are $90,000; shipping expenses total 2% of sales; and miscellaneous selling expenses are $2,100 plus 1/2 of 1% of sales. Total selling expenses for the month of January are:
A) $157,100
B) $240,600
C) $183,750
D) $182,100
B
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The SEC requires publicly owned corporations to have their quarterly financial information reviewed by their independent auditors before it is issued
a. True b. False Indicate whether the statement is true or false
Which of the following is NOT an example of a psychological need for buying a product?
A. Desire for gain B. Self-preservation C. Fear D. Need to save money E. Comfort or luxury
Why are business ethics an important issue in business planning?
What will be an ideal response?
Kiersten feels that her employer denied her a promotion to punish her for joining a labor union. If so, it is likely Kiersten’s employer engaged in unfair labor practices under the ______.
A. Railway Labor Act of 1926 B. National Labor Relations Act of 1935 (Wagner Act) C. Labor Management Relations Act of 1947 (Taft-Hartley Act) D. Labor Management Reporting Disclosure Act of 1959