In the final step of a marketing process, a company reaps the rewards of its strong customer relationships by capturing value from customers
Indicate whether the statement is true or false
TRUE
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In 2010, Blanton Company bought equipment with a cost of $160,000, an estimated residual value of $40,000, and an estimated life of 15 years. It was depreciated by the straight-line method for 4 years. Due to obsolescence, it was determined at the beginning of 2014 that the useful life should be shortened by 3 years and the residual value changed to zero. The depreciation expense for 2014 is
a. $11,636 b. $16,00 c. $11,00 d. $8,000
Mullis Company sold merchandise on account to a customer for $705, terms n/30. The journal entry to record this sale transaction would be:
A. Debit Cash of $705 and credit Accounts Receivable $705. B. Debit Accounts Receivable $705 and credit Cash $705. C. Debit Accounts Receivable $705 and credit Sales $705. D. Debit Sales $705 and credit Accounts Receivable $705. E. Debit Cash of $705 and credit Sales $705.
Which of the following channels is the best one to use when notifying employees of impending layoffs?
A. one-to-one conversations B. group meetings C. e-mail D. intranet
Jacob is reviewing the past 10 years of Acme Global’s production and calculating specific proportions between production levels and number of employees. He plans to use the information to understand the relationship between production and number of employees. The process in which Jacob is engaged is ________.
A. qualitative forecasting B. ratio analysis C. regression analysis D. trend analysis E. skill analysis