When a customer first fails to pay a bill on time, it is wise to assume that this failure is an oversight
Indicate whether the statement is true or false
TRUE
When a customer first fails to pay a bill on time, it is wise to assume that this failure is an
oversight. Therefore, if the usual monthly statement does not produce results, companies
often send the customer a second statement a week or ten days later.
You might also like to view...
A hedge sentence avoids what type of writing issue?
A) Overly long sentences B) Parallelism C) Absolute or definitive statements D) Dangling modifiers E) Long noun sequences
A(n) ____ is considered a conventional channel of communication
A) web seminar B) instant message C) email D) blog E) tweet
When justifying her considerations for her China-based wine importation company's foreign market entry, Ming-Chi probably would not choose
A. entering a new foreign country via internal development and building a foreign subsidiary from scratch by having the ability to gain increased access to distribution channels and networks. B. entering a new foreign country via internal development and building a foreign subsidiary from scratch adding new production capacity, because it will adversely impact the supply-demand balance in the local market. C. entering a new foreign country via internal development and building a foreign subsidiary from scratch when having scale economies to compete against local rivals. D. entering a new foreign country via internal development and building a foreign subsidiary from scratch, because it is cheaper than making an acquisition. E. entering a new foreign country via internal development and building a foreign subsidiary from scratch, because it is cheaper than entering into strategic alliances and cooperative agreements.
Refer to the following trial balance
Debit Credit Cash $16,000 Accounts Receivable 42,000 Merchandise Inventory 62,000 Supplies 15,000 Land 330,000 Accounts Payable $2,000 Notes Payable 25,000 Common Stock 296,000 Retained Earnings 24,000 Dividends 6,000 Sales Revenue 480,000 Sales Returns and Allowances 9,000 Sales Discounts 8,000 Cost of Goods Sold 200,000 Salaries Expense 17,000 Utilities Expense 65,000 Rent Expense 53,000 Interest Expense 4,000 ________ Totals $827,000 $827,000 How much is the net sales revenue? A) $463,000 B) $479,000 C) $145,000 D) $141,000