Truck wholesalers are usually classified as limited-service wholesalers because they offer a limited line of products.
Answer the following statement true (T) or false (F)
False
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Vent, Inc. reported net income of $770,000 for 2018. Vent sold 15,000 shares of treasury stock acquired in a previous year on July 1 and 15,000 new shares on November 1. At year-end, 180,000 shares were outstanding. Vent had 20,000 shares of $100 par value 7% preferred stock outstanding all year. Vent paid dividends to the preferred shareholders.If each share of preferred stock is convertible into 2 shares of common stock, the diluted earnings per share for 2018 is
A. $3.85 per share. B. $4.81 per share. C. $3.94 per share. D. $6.10 per share.
Interviewing students, church groups, and members of social organizations are examples of convenience sampling
Indicate whether the statement is true or false
Worthington Farm raises chickens. For years, it has used wooden coops to haul its poultry to market. When Bob Worthington went to reuse some of his coops, he noticed many of them could not be sufficiently cleaned for reuse and ought to be replaced
Worthington was at which stage of the business buying process? A) problem recognition B) vendor analysis C) information search D) information evaluation E) product selection
Which of the following is true of the management of a general partnership?
A) The number of votes a general partner has depends on the proportion of his or her capital investment. B) Partnership matters are decided by unanimous agreement only. C) Only general partners in the board of directors have the authority to participate in the management. D) If the vote is tied, the action being voted on is considered to be defeated.