When a company bills a customer for $700 for services performed, the journal entry to record this transaction will include a $700 debit to Services Revenue.
Answer the following statement true (T) or false (F)
False
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On January 1, 2015, A-Best Company's balance in retained earnings was $70,000 . At the end of the year, December 31, 2015, the balance in retained earnings was $94,000 . During 2015, the company earned net income of $40,000 . How much were dividends?
a. $16,000 b. $24,000 c. $40,000 d. $64,000
After a need or want is recognized, a consumer may be motivated to clarify the options available and generate an evoked set of brands. This occurs during which part of the consumer decision-making process?
A. evaluation of alternatives B. information search C. cognitive dissonance D. consideration stage E. product identification
Reverse logistics is relatively new
Indicate whether the statement is true or false
Saving is what you do for the short-term. What is the term for what you do for the long-term?
A) Retirement B) Investing C) Rent D) Pay Bills E) Budgeting