American Express asking its members to upgrade from Gold to Platinum card is an example of:
A) cross-selling.
B) reselling.
C) upselling.
D) mass selling.
C
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Which is not one of the five philosophical prepositions of external financial reporting ?
a. External realism b. Subjective judgement c. Insider trading practices d. Commitment to rationalism
In packaging, dye packs are ______.
a. freebies for people who wish to dye their hair b. used to prevent theft c. often made available in different colors d. used to increase the manufacturing cost of a product
Harkey Corporation's balance sheet and income statement appear below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Cash and cash equivalents$32 $35 Accounts receivable 74 71 Inventory 41 42 Property, plant and equipment 443 370 Less accumulated depreciation 194 164 Total assets$396 $354 Liabilities and stockholders' equity: Accounts payable$26 $28 Accrued liabilities 28 25 Income taxes payable 40 36 Bonds payable 120 170 Common stock 83 80 Retained earnings 99 15 Total liabilities and stockholders' equity$396 $354?Income Statement?Sales$923Cost of goods sold 604Gross margin 319Selling and administrative expense 169Net operating income150Gain on sale of equipment 11Income
before taxes161Income taxes 48Net income $113Cash dividends were $29. The company sold equipment for $15 that was originally purchased for $6 and that had accumulated depreciation of $2.Required:Using the direct method, determine the net cash provided by (used in) operating activities. What will be an ideal response?
Describe the differences between one-time and recurring benefits and costs
What will be an ideal response?