Creating a new product to increase margin is an example of using product implementations to achieve competitive advantage.
Answer the following statement true (T) or false (F)
True
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Blanton Corporation purchased 15% of the outstanding shares of common stock of Worton Corporation as a long-term investment. Subsequently, Worton Corporation reported net income and declared and paid cash dividends. What journal entry would Blanton Corporation use to record the dividends it receives?
a. debit Investment in Worton Corporation; credit Cash b. debit Cash; credit Dividend Revenue c. debit Investment in Worton Corporation; credit Income of Worton Corporation d. debit Cash; credit Investment in Worton Corporation
Describe four tasks the accounts payable department computer application performs automatically in the integrated purchases processing system
A marketing program may consist of several marketing plans.
Answer the following statement true (T) or false (F)
Smith & Jones, Accountants, agrees to perform an audit forBrick & Mortar Stores, Inc Whether or not this agreement meets all of the requirements of a contract, the parties are likely to follow the rules of contract law because they
a. want to avoid potential disputes. b. are conscious of those rules. c. arenot conscious of those rules. d. have a moral obligation to do so.