Patrick's Paint Supplies purchased $7,600 worth of easels, canvas, and pallets from their supplier to sell in their store. The invoice for the order showed a trade discount of 45%. ? The Net Price Factor for this order would be 45%
Indicate whether the statement is true or false
False
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Jessica has been answering the buyer's questions throughout her sales presentation and receiving positive signals from the buyer. When she gets to the final close, Jessica should:
A. offer to restate all the benefits of the product so that the prospect can take the issue into consideration. B. expect the final close to be a natural part of the ongoing dialogue. C. push harder to get commitment. D. anticipate objections and answer them in advance. E. do or expect none of these.
If there is a credit balance in the Factory Payroll Payable at the end of the accounting period, it represents
a. the amount by which applied payroll was greater than actual payroll. b. the amount by which actual payroll was greater than applied payroll. c. labor costs which have not yet been distributed. d. an amount that should be charged to Cost of Goods Sold.
In diversity of citizenship cases, federal courts apply:
A) federal substantive and procedural law. B) state substantive and procedural law. C) state procedural and federal substantive law. D) federal procedural and state substantive law.
Which of the following are the three types of leadership of consequence to new ventures described by the text?
a. competitive, innovative, and strategic b. competitive, innovative, and visionary c. visionary, strategic, and managerial d. visionary, managerial, and competitive