A channel of distribution must include several kinds of intermediaries and collaborators.
Answer the following statement true (T) or false (F)
False
A channel of distribution is any series of firms (or individuals) that participate in the flow of products from producer to final user or consumer. It may or may not include an intermediary, depending on the industry and type of products offered.
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Paul and Roger are partners who share income in the ratio of 3:2 . Their capital balances are $90,000 and $130,000, respectively. Income Summary has a credit balance of $50,000 after the second closing entry. What is Paul's capital balance after closing Income Summary to the capital accounts?
a. $108,000 b. $120,000 c. $115,000 d. $180,000
Describe the early transition from an indigenous culture to a diverse one in the United States and the associated diversity issues up through the early 1900s.
What will be an ideal response?
Restatement of Torts provides suggested rules related to civil actions
Indicate whether the statement is true or false
Amber Corp. has 3 million shares of common stock outstanding. The stock is selling at $30 per share. If Amber announces a 20 percent stock dividend, the transfer that must be made from retained earnings to the common stock account to account for the stock dividend will be _____.
A. $3,600,000 B. $18,000,000 C. $14,400,000 D. $108,000,000 E. $6,000,000