________ are organizations that conduct their business activities solely online

Fill in the blank(s) with correct word


Virtual organizations

Business

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The following information relates to the Fowler Company for 2016: Sales discounts $ 700 Beginning accounts receivable 5,000 Collections on accounts receivable 20,000 Total sales reported on income statement 82,500 Ending accounts receivable 7,000 ? What was the amount of cash sales?

A) $61,200 B) $59,800 C) $63,800 D) $65,200

Business

Kim Smith is a sales manager for a large corporation. When organizing her sales force, Kim decided to have each selling team focus on only one very large customer. Kim has used the ________ sales force organization

A) geographic B) product line C) services D) key accounts E) industry

Business

The American Inventors Protection Act requires the U.S. Patent and Trademark office to take

action on a patent application within three years in most cases. Indicate whether the statement is true or false

Business

The internal rate of return is that discount rate that equates the present value of the cash outflows (or costs) with the present value of the cash inflows.

Answer the following statement true (T) or false (F)

Business