After the previous sales representative in his territory infuriated an important customer, Benjamin visited the customer once a month, never asking for business but hoping to rebuild trust through listening and expressing concern. Finally, after more than two years, the customer gave Benjamin an order. Benjamin was providing the important marketing function of
A. advising production on how much product to make.
B. synthesizing and interpreting sales, accounting, and customer-profile data.
C. alerting the logistics department when to ship products.
D. identifying opportunities to expand.
E. engaging customers and developing long-term relationships.
Answer: E
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A company issued financial statements for the year ended December 31, but failed to include the following adjusting entries: A. Accrued interest revenue earned of $1,200.B. Depreciation expense of $4,000.C. Portion of prepaid insurance expired (an asset) used $1,100.D. Accrued taxes of $3,200.E. Revenues of $5,200, originally recorded as unearned, have been earned by the end of the year.Determine the correct amounts for the December 31 financial statements by completing the following table:?AssetsLiabilitiesEquityNet IncomeReported amounts…...$350,000$200,000$150,000$70,000Add (subtract) tocorrect for item:????A…..????B…..????C…..????D…..????E…..???? Corrected amounts………$$$$
What will be an ideal response?
Carl threw a bomb into the office of his insurance agent, intending to kill the agent because the company had disallowed his claim. The agent wasn't in the building, but the bomb seriously injured his secretary, who was working in the office
a. Carl cannot be liable to the secretary for any torts because he did not intend to hurt her. b. If Carl knew the secretary was in the office, even if he didn't intend to injure her, his intent to harm the agent is transferred to the secretary who can sue Carl for her injuries with an intentional tort cause of action. c. Carl has committed a crime, but he is not liable for any torts. d. Carl has committed the tort of intrusion.
The Assembly Department of Intuitive, Inc, manufacturer of computers, had 4,500 units of beginning inventory in September, and 3,000 units were transferred to it by the Production Department
The Assembly Department completed 1,500 units during the month and transferred them to the Packaging Department. Calculate the total number of units accounted for by the Assembly Department if it had 6,000 units in ending inventory. The weighted-average method is used. A) 6,000 units B) 3,000 units C) 4,500 units D) 7,500 units
Focusing on a firm's short-term profits without considering the company's long-term needs may be acting unethically.
Answer the following statement true (T) or false (F)