It is usually most economical to ship bulky nonperishable items, such as coal and iron ore, by
A. water.
B. pipeline.
C. air.
D. truck.
E. None of these is a good answer, since the cost of shipping a product usually does not vary from one mode to another.
Answer: A
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Which of the following is the final step in the problem-solving process?
A. Monitoring the results B. Evaluating the alternatives C. Analyzing the data D. Knowing you made the right decision
Businesses that lack both customer knowledge and competitor knowledge, and make competitive moves from an internal perspective with no real market knowledge are said to be working with a(n) ________ strategy
A) oblique B) inside-the-box C) reactive D) decentralization E) disintermediation
On September 12, Ryan Company sold merchandise in the amount of $8600 to Johnson Company, with credit terms of 2/10, n/30. The cost of the items sold is $5400. Ryan uses the periodic inventory system and the net method of accounting for sales. On September 14, Johnson returns some of the merchandise. The selling price of the merchandise is $780 and the cost of the merchandise returned is $490. Johnson pays the invoice on September 18, and takes the appropriate discount. The journal entry that Ryan makes on September 18 is:
A.
| Cash | 8428? | |
| Accounts receivable | 8428? |
B.
| Cash | 8600? | |
| Accounts receivable | 8600? |
C.
| Cash | 7664? | |
| Accounts receivable | 7664? |
D.
| Cash | 7664? | |
| Sales discounts | 156? | |
| Accounts receivable | 7820? |
E.
| Cash | 8428? | |
| Sales discounts | 172? | |
| Accounts receivable | 8600? |
Describe public relations and four objectives it is often used to achieve
What will be an ideal response?