Customer satisfaction (based on the ACSI) is highly related to the stock price of individual firms
Indicate whether the statement is true or false
True
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Earnings per share are found on which financial statement?
a. Balance sheet b. Income statement c. Statement of cash flows d. Statement of retained earnings
During the month, a company was informed that a check they had issued was accidentally destroyed. On the bank reconciliation, the company would
A) deduct the amount from the balance per the company's records B) deduct the amount from the balance per the bank statement C) Add the amount to the balance per the bank statement D) Add the amount to the balance per the company's records
Exhibit Palmer Pens Assume that Palmer Executive Pens uses 1,440,000 gallons of ink each year. Further, assume that Palmer can order the ink at a cost of $2 per gallon plus fixed ordering costs of $100 per order. The firm's carrying cost is 20 percent of the inventory value, at cost. Refer to Exhibit Palmer Pens. Now, suppose the manufacturer offers a discount of 0.5 percent for orders of a least 40,000 gallons. Should Palmer increase its ordering quantity to take the discount?
A. Yes; it will save $827 if it takes the discount. B. No; it will lose $827 if it takes the discount. C. Yes; it will save $14,400 if it takes the discount. D. Yes; it will save $13,573 if it takes the discount. E. No; it will lose $13,573 if it takes the discount.
Sehun was flying to France for vacation when he realized he forgot his sunglasses. He purchased some at an airport shop even though they were more expensive than she would normally have paid. Sehun was influenced by situational influences.
Answer the following statement true (T) or false (F)