Which of the following accounts is not affected by cash disbursement transactions?
A. Cash.
B. Accounts payable.
C. Purchase returns.
D. Purchase discounts.
Answer: C
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Voicemail communication is extremely important because on most business calls, you most likely will be leaving a message rather than talking to someone
Indicate whether the statement is true or false
The current year income statements for the Alpha Company and the Omega Company appear below:?Alpha CompanyOmega CompanyNet Sales$1,050,000$260,000Cost of goods sold475,000107,500Operating expense367,50073,000Required: 1) Prepare common size income statements for the Alpha Company and the Omega Company.2) What is the gross margin percentage for each company?3) What is the net income percentage for each company?4) Briefly comment on the pricing policies of each company as well as the ability to control expenses. Disregarding the difference in size, which company appears to be doing a better job?
What will be an ideal response?
Bribery of foreign officials is prohibited by U.S. companies
Indicate whether the statement is true or false