Gwenta Corp., a soft drink manufacturing company, pays a certain quarterly amount to its distributors who display the soft drink's latest ad on their distribution trucks. This quarterly payment is referred to as a noncumulative quantity discount.
Answer the following statement true (T) or false (F)
False
This quarterly payment that Gwenta Corp. makes to its distributors is referred to as a promotional allowance. A promotional allowance (trade allowance) is a payment to a dealer for promoting the manufacturer's products. See 19-9: Tactics for Fine-Tuning the Base Price.
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Equivalent units are defined as the number of units completed and sold during the current period
Indicate whether the statement is true or false
Kinderfelt Corporation has 15,000 outstanding shares of which Gordon owns 2,000. Kinderfelt plans to raise more capital by issuing another 10,000 shares of stock
With preemptive rights, how many of the new shares does Gordon have the right to buy before they are sold to the public? A) 10,000 B) 3,000 C) 5,000 D) 2,000
The following phrase is acceptable, "Call the Latina woman in accounting."
Indicate whether the statement is true or false
A ________ names a person, a place, a thing, a concept, a quality, or an activity
a. noun b. verb