In the general ledger, which of the following indicates posting from the sales journal?

a. J1; b. P2; c. CR5; d. CP3; e. S2


E

Business

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A series of equal payments made or received at the end of each period is an ordinary annuity.

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

Business

Mega Skateboard Supplier had net sales of $2.1 million, its cost of goods sold was $1.1 million, and its net income was $0.7 million. Its gross margin ratio equals:

A. 48%. B. 191%. C. 33%. D. 52%. E. 64%.

Business

Responses to a customer satisfaction survey question about suggestions for improving customer service would not be included in a CRM system

Indicate whether the statement is true or false

Business

Primary responsibility for the financial statements lies with: AuditorsManagementA.YesYesB.YesNoC.NoYesD.NoNo

A. Option A B. Option B C. Option C D. Option D

Business