Ask feedback questions about the conversation or problem-solving process itself to determine what is important to the customer. _________________________

Answer the following statement true (T) or false (F)


True

Business

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A franchise is established when parties of a general partnership conduct business outside the state of their incorporation

Indicate whether the statement is true or false

Business

Cambridge Sales, Inc has gross salaries and wages for March of $45,000

Provide the journal entry to record salaries and wages expense and payroll withholdings. (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.) Salaries and wages to date are under the OASDI limit. Assume no federal or state income taxes are due. What will be an ideal response

Business

For federal income tax purposes, income is allocated between a husband and wife depending on the state of residence.

Answer the following statement true (T) or false (F)

Business

A company has net income of $130,500. Its net sales were $1,740,000 and its average total assets were $2,750,000. Its total asset turnover equals 4.7%.

Answer the following statement true (T) or false (F)

Business