Which of the following does not appear on the retained earnings statement?
a. net income; b. cash dividends; c. number of shares issued;
d. appropriated retained earnings; e. retained earnings at the beginning of the period.
C
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Regarding customer satisfaction surveys:
A) should be administered to every customer or else the data will be distorted. B) the most important thing is what you do with customer responses. C) the more frequent the better. D) should be loosely worded so that the customer can express himself or herself.
In reverse auctions, companies put their purchasing requests online and invite suppliers to bid for their business
Indicate whether the statement is true or false
The costs of activities that detect, measure, evaluate, and inspect products and processes to ensure that they meet customer needs are called ________ costs
a. internal failure b. prevention c. external failure d. appraisal
Amber Corporation has provided the following information of its operating activities for the year
Merchandise Inventory, January 1 $150,000 Merchandise Inventory, December 31 75,000 Purchases 854,000 Selling and Administrative Expenses 65,000 Sales Revenue 1,000,000 Required: Prepare Amber's income statement for the year ended December 31. Use the format provided below: Sales Revenue Cost of Goods Sold Beginning Inventory Purchases Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses Operating Income What will be an ideal response