When a customer returns goods, the merchandiser will:

A) decrease the Inventory account.
B) increase the Estimated Refund Liability account.
C) decrease the Estimated Inventory Returns account.
D) increase the customer's Accounts Receivable account.


C) decrease the Estimated Inventory Returns account.

Business

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Listed below are the organizational patterns for correspondence. The order for each one is mixed up. Correct the order by numbering (with 1, 2, and 3 ) which parts come first, second, and third. Persuasive Message _____ Motivate the reader to act _____ Convince the reader of the product's merits _____ Get the reader's attention

Fill in the blank(s) with correct word

Business

On March 1 Donna wrote a check for $296 to Sun Services. When will the check be overdue? What is the effect of the check's being overdue? What is the effect if the check is stamped "Insufficient Funds" by Donna's bank?

Business

A bank lends a firm $500,000 for one year at 8 percent and requires compensating balances of 10 percent of the face value of the loan. The effective annual interest rate associated with this loan is ________

A) 8.9 percent B) 8 percent C) 7.2 percent D) 7.0 percent

Business

PAS Systems has developed a new product--an unobtrusive flashlight-alcohol detector. The flashlight readings are inadmissible in court but are used by police officers to decide whether to hold someone for a sobriety test. Each one costs $600. After seeing a prototype brought back by one of its employees from a highway safety convention, the Georgia Governor's Office of Highway Safety decided to equip every DUI officer with one. In this example, the individual who attended the convention had the roles of _____ in the buying center.

A. buyer and decider B. decider and user C. gatekeeper and influencer D. initiator and decider E. purchaser and gatekeeper

Business