The value of checks that have been written and given to the customers but have not been deducted from the account on which they were written is the _____ float.?
A. ?disbursement
B. ?net
C. ?collections
D. ?balance
E. ?deposit
Answer: A
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Briefly explain the difference between selling points and benefits, and then give an example of each
What will be an ideal response?
Which statement best describes the appropriateness of the following product claim in a sales letter? "Viruscan is the best virus defense product available. It offers the most sophisticated and comprehensive protection for your data."
a. The passage is appropriate, since the receiver will likely assume the comparison is with all others, even though research results are not offered. b. The passage is appropriate, since it provides vital comparative information while sparing the receiver of unnecessary and boring details. c. The passage is inappropriate, since the sender has no ethical right to compare his/her product with others. d. The passage is inappropriate unless it is followed up with facts about the comparison.
Which of the following statements is true?
A. Most business plan resources on the Internet are too complex and expensive to be of use to the new venture. B. The preliminary business plan should be prepared by a lawyer. C. Once made, a business plan should not be changed. D. The business plan describes both internal and external elements.
Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable$80,000 $72,000 Inventory 84,000 70,000 Net sales 400,000 372,000 Cost of goods sold 254,000 216,000 Total assets 850,000 810,000 Total stockholders' equity 500,000 450,000 Net income 75,000 56,000??TPX Company's 2021 return on equity is: (Round your answer to 1 decimal place.)
A. 21.4%. B. 15.0%. C. 16.7%. D. 15.8%.