Managers of ________ businesses concentrate on achieving high manufacturing efficiency, low costs, and mass distribution
A) selling-oriented
B) product-oriented
C) production-oriented
D) marketing-oriented
E) consumer-oriented
C
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The income tax treatment of payments from annuity contracts is based on the: I.capital recovery concept.II.assignment of income doctrine.III.annual accounting period concept.IV.arm's-length transaction concept.?
A. Only statement I is correct. B. Only statement IV is correct. C. Statements II and III are correct. D. Statements I and IV are correct. E. Statements I and III are correct.
A company's income statement showed the following: net income, $125,000 and depreciation expense, $30,300. An examination of the company's current assets and current liabilities showed the following changes: accounts receivable decreased $9500; merchandise inventory increased $18,200; and accounts payable increased $3500. Calculate the net cash provided or used by operating activities.
A. $160,500. B. $179,500. C. $124,100. D. $119,000. E. $150,100.
Writers should never use boldface ______________
a. twice b. in a letter c. randomly d. on small words
Acceptance of goods is presumed when a buyer or lessee fails to reject the goods within a reasonable time.
Answer the following statement true (T) or false (F)