The most complex and time-consuming type of plan is the _____________.
a. business brief
b. pitch deck
c. business plan
d. feasbility study
c. business plan
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Orono Corporation manufactured inventory in the United States and sold the inventory to customers in Canada. Gross profit from the sale of the inventory was $300,000. Title to the inventory passed FOB: destination. How much of the gross profit is treated as foreign source income for purposes of computing the corporation's foreign tax credit in the current year?
A. $0 B. $150,000 C. $300,000 D. The answer cannot be determined with the information provided.
Which of the following would LEAST likely improve a salesperson's listening skills?
A. Projecting positive nonverbal signals B. Asking questions to clarify meaning C. Watching for nonverbal messages D. Recognizing feelings and emotions E. Focusing on emotion-filled words
The research plan ________
A) provides comprehensive marketing intelligence about competitors B) outlines sources of existing data and spells out the specific research approaches C) does not include sampling plans D) does not include contact methods E) precedes the definition of research objectives
Chips-n-Bits Company sells service contracts for personal computers. The service contracts are for a one-year, two-year, or three-year period. All sales are for cash and all receipts are credited to Unearned Service Contract Revenues. This account had a balance of $144,000 at December 31 . 2012 . before year-end adjustment. Service contract costs are charged as incurred to the Service Contract
Expense account, which had a balance of $36,000 at December 31 . 2012 . Service contracts still outstanding at December 31 . 2012 . expire as follows: During 2013 ............................................. $30,000 During 2014 ............................................. 45,000 During 2015 ............................................. 20,000 What amount should be reported as unearned service contract revenues in Chips-n-Bits December 31 . 2012 . balance sheet? a. $49,000 b. $59,000 c. $95,000 d. $108,000