On August 1, Party Hearty Company sold merchandise on credit with a list price of $6,300. Terms were 2/10, n/30. Which of the following entries correctly applies the indicated method to receive the appropriate customer payment on August 15?
A) ?Net Price MethodCash 6,174Sales Revenue 126Accounts Receivable 6,300
B) ?Gross Price MethodCash 6,300Accounts Receivable 6,300
C) ?Net Price MethodCash 6,174Accounts Receivable 6,174
D) ?Gross Price MethodCash 6,300Sales Revenue 126Accounts Receivable 6,174
B
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Answer the following statements true (T) or false (F)
1. Lee has hired two new employees for her team, Jim and Judy. Jim is outgoing and attractive, while Judy is very bright but seems quiet and unsure. Lee immediately expects Jim to outperform Judy at the job. Lee is likely experiencing the halo effect. 2. "Joe drinks too much because he has no willpower; but I need a few drinks after work because I'm under a lot of pressure" is an example of an attribution statement. 3. After a recent exam, students earning Ds blamed factors such as bad luck, unclear lectures, and unfair testing for their poor performance. These students are engaged in self-serving bias. 4. One of the ways to create a Pygmalion effect is to encourage employees to visualize failing at executing tasks and use their fear of failure to motivate them.
According to Tom Duncan's basic categories of contact or touch points, which of the following best describes planned marketing communication messages created by an organization such as advertisements, websites and social media sites, news/press releases, packaging, brochures, and sale promotions?
A. company-created touch points B. customer-initiated touch points C. unexpected touch points D. intrinsic touch points E. channel-created touch points
A policy that is "free of particular average" is one that will not cover any partial and average losses
Indicate whether the statement is true or false
The primary market is used by firms to raise funds and is a market where newly issued securities are traded
Indicate whether the statement is true or false.