Pat told her friends that her car got 35 miles to the gallon in the city when in reality it only got 20 miles per gallon. When Pat decides to sell and one these friends decides to buy the car, Pat is under no duty to tell the correct figure unless asked
a. True
b. False
Indicate whether the statement is true or false
False
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A retained earnings statement explains the change in the amount of retained earnings during the year
Indicate whether the statement is true or false
The domestic environment is composed of all the uncontrollable forces originating in the __________ that surround and influence the life and development of the firm.
A. home country B. international arena C. host nation D. adjoining nations E. foreign country
Projected statements must be analyzed to determine if they meet the targets by _____.?
A. ?preparing financial ratios B. ?preparing the statement of cash flows C. ?determining economies of scale D. ?calculating lumpy assets E. ?preparing budgetary notes
Of the following, what would most retailers consider to be the most important factor in retailing success?
A) fair prices B) good atmosphere C) helpful employees D) location E) efficient distribution