Territorial evaluation is the comparison of performance standards for the individual territory with the salesperson's actual performance.
Answer the following statement true (T) or false (F)
True
Territorial evaluation is the establishment of performance standards for the individual territory in the form of qualitative and quantitative quotas or goals. Actual performance is compared to these goals for evaluation purposes.
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Which of the following is the best example of a nondurable good?
A) a dishwasher B) a book shelf C) a freezer D) a newspaper E) a file cabinet
Businesses often develop their own report styles which may differ from standard style manuals
Indicate whether the statement is true or false
Under the UPA, a partner's ownership interest in any specific item of partnership property is that of a tenant in partnership
a. True b. False Indicate whether the statement is true or false
Benjamin Stone opened Stone's Repairs on March 1 of the current year. During March, the following transactions occurred and were recorded in the company's books:1. Benjamin, the sole stockholder, invested $25,000 cash in the business in exchange for common stock. 2. Benjamin contributed $100,000 of equipment to the business in exchange for common stock. 3. The company paid $2,000 cash to rent office space for the month of March. 4. The company received $16,000 cash for repair services provided during March. 5. The company paid $6,200 for salaries for the month of March. 6. The company provided $3,000 of services to customers on account. 7. The company paid cash of $500 for utilities for the month of March. 8. The company received $3,100 cash in advance from a customer for
repair services to be provided in April. 9. The company paid Benjamin $5,000 cash as a dividend. Based on this information, total stockholder's equity reported on the balance sheet at the end of March would be: A. $8,400. B. $133,400. C. $13,500. D. $130,300. E. $125,300.