A salesforce survey forecast involves
A. asking the firm's salespeople to estimate sales during a coming period.
B. asking prospective customers if they are likely to buy the product during some future time period.
C. averaging the projections obtained from just regional sales managers and then making the final projection.
D. selecting the forecasting alternative that would allow a firm to survive financially even if the forecasts were totally incorrect.
E. making decisions without any intervening steps.
Answer: A
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a. debit to Common Treasury Stock, $25,000; b. debit to Common Treasury Stock, $1,000,000; c. credit to Paid-in Capital from Treasury Stock, $975,000; d. both A and C; e. none of these
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Answer the following statement true (T) or false (F)
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