Retailers love national brands because overhead is low and there are no marketing costs, and they bring higher margins than private brands.

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


False

Private brands, not national brands, bring these benefits to retailers.

Business

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For a firm using the indirect method to prepare cash flows from operating activities, a decrease in a company's pension liability account should be deducted from net income to arrive at cash flow from operating activities.

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

Business

The Readylite Company produces a flashlight in which product managers are trying to decide how long a warranty to issue. If the managers believe the life of the flashlight follows a normal distribution with a mean of two years and a standard deviation of six months:

a. What percentage of flashlights sold can they anticipate will be returned within the first two years? b. What percentage of flashlights sold can they anticipate will be returned within the first three years? c. What percentage of flashlights sold can they anticipate will be returned within the first two and one-half years?

Business

Which documents prompt the fixed asset department to create a fixed asset record?

Business

A well-planned event can strengthen brand awareness and generate qualified sales leads

Indicate whether the statement is true or false

Business