Dividends paid appears on both the income statement and the statement of retained earnings
a. True
b. False
Indicate whether the statement is true or false
False
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The PJC department of McIntyre Company shows gross sales of $730,600 for computer supplies and $934,900 for general office supplies. It has determined that computer supplies cost $534,000 and that general office supplies cost $391,400 . What is the gross profit percentage for the computer supplies section of the PJC department?
a. $196,600 b. 1.4% c. 26.9% d. 73.0%
Mary's Mittens, Inc., a merchandising company, wants to prepare the budgeted balance sheet for the next budget period. For this purpose, the amount of ending cash balance can be retrieved from the ________.
A) capital expenditures budget B) budgeted funds flow statement C) cash budget D) sales budget
In the 21st century, the vast majority of journalists prefer to receive news releases via social media
Indicate whether the statement is true or false
Zappos, an Internet business success story, has built its success on outstanding customer service. Which of the following is NOT part of Zappos' strategy?
a. free product shipping. b. free return product shipping. c. focus on repeat customers. d. more products on their website than are in their warehouse.