Walmart and Target stores could be part of the distribution channel for a marketer of hair care products

Indicate whether the statement is true or false


TRUE

Business

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Jasper makes a $25,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record the collection of the note and interest at maturity should be: (Use 360 days a year.)

A. Debit Cash for $25,000; credit Notes Receivable $25,000. B. Debit Cash $26,750; credit Interest Revenue $1,750, credit Notes Receivable $25,000. C. Debit Cash $25,437.50; credit Notes Receivable for $25,437.50. D. Debit Cash $25,437.50; credit Interest Revenue $437.50; credit Notes Receivable $25,000. E. Debit Notes Payable $25,000; Debit Interest Expense $1,750; credit Cash $26,750.

Business

Leaders need to try to influence ______ to gain information or cooperation that may be relevant to the team and leader’s effectiveness.

a. peers b. customers/clients c. suppliers d. superiors

Business

A retail store has beginning inventory of $30,000, purchases of $220,000, sales of $200,000, and a normal gross margin of 25 percent. What is estimated inventory based on these facts and the gross profit method?

a. $50,000 b. $150,000 c. $100,000 d. $200,000

Business

Morality plays no part of gambling contract legality

a. True b. False Indicate whether the statement is true or false

Business