What did the jurors in the Citigroup case conclude?
A) That the Citigroup managers had violated the law
B) That the Citigroup managers acted with criminal intent
C) Both a and b
D) That the Citigroup managers' conduct was appalling, but did not violate the law
D
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The gross profit method estimates the ending inventory and cost of goods sold by using the firm's normal gross profit as a percentage of net sales
a. True b. False Indicate whether the statement is true or false
In the current year, Borden Corporation had sales of $2,120,000 and cost of goods sold of $1,260,000. Borden expects returns in the following year to equal 5% of sales. The unadjusted balance in Inventory Returns Estimated is a debit of $18,000, and the unadjusted balance in Sales Refund Payable is a credit of $22,000. The adjusting entry or entries to record the expected sales returns is (are):
A.
| Sales returns and allowances | 84,000? | |
| Sales | 84,000? | |
| Cost of Goods Sold | 45,000? | |
| Inventory Returns Estimated | 45,000? |
B.
| Sales Refund Payable | 84,000? | |
| Accounts receivable | 84,000? |
C.
| Accounts Receivable | 2,120,000? | |
| Sales | 2,120,000? |
D.
| Sales Returns and Allowances | 84,000? | |
| Sales Refund Payable | 84,000? | |
| Inventory Returns Estimated | 45,000? | |
| Cost of goods sold | 45,000? |
E.
| Sales | 2,120,000? | |
| Sales Refund Payable | 106,000? | |
| Accounts receivable | 2,014,000? |
______________________ rises with market expansion.
a. Brand loyalty b. Brand value c. Brand image d. Brand identity
Approximately what percentage of firms indicated that B2B process integration had improved supply chain visibility?
a. 10% b. 20% c. 60% d. 80%