An example of an intracompany comparison is comparing Apple's profit margin to the industry's profit margin.
Answer the following statement true (T) or false (F)
False
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Franco and Jason share income and losses in a 2:1 ratio after allowing for salaries of $15,000 and $30,000 . If the partnership suffers a $15,000 loss, by how much would Jason's capital account increase?
a. $10,000 b. $20,000 c. $40,000 d. $25,000
Oakton Furniture provided the following information relevant to its sales for December Year 1 and the first quarter of Year 2: Dec. Year 1Jan. Year 2Feb. Year 2Mar. Year 2 (Actual)(Budgeted)(Budgeted)(Budgeted)Credit sales$120,000 $280,000 $310,000 $220,000 Cash Sales$20,000 $50,000 $60,000 $24,000 Based on the company's collection history, 42% of credit sales are collected in month of sale and the remainder is collected in the following month. Total budgeted cash receipts in February are expected to be:
A. $228,000. B. $352,600. C. $60,000. D. $162,400.
Which of the following statements concerning e-mail messages to international colleagues is incorrect?
a. Use phrases such as "hello" in the customer's language. b. Avoid asking questions starting with the word "why." c. Use primarily compound and complex sentences. d. Apologize when a mistake has been made even though you do not think you are at fault.
An Internet service provider cannot be held liable for disseminating others' defamatory remarks
a. True b. False Indicate whether the statement is true or false