Ida Tarbell and Upton Sinclair were among early pioneers in the field of public relations
Indicate whether the statement is true or false
FALSE
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Financing, market research, risk-taking, and other services are considered to be ________ functions.
A. facilitating B. physical distribution C. e-commerce D. transaction and communication E. transportation and storage
Which of the following statements is true regarding product and period costs?
A. Sales commissions and indirect labor are both period costs. B. Office salaries expense and factory maintenance are both product costs. C. Office rent is a product cost and supervisors' salaries expense is a period cost. D. Delivery expense is a product cost and indirect materials is a period cost. E. Factory rent is a product cost and advertising expense is a period cost.
Use the balance sheets of Glover shown below to calculate the following ratios for Year 2 (round to the hundredths):(a) Current ratio.(b) Acid-test ratio.(c) Debt ratio.(d) Equity ratio.Glover CompanyBalance SheetsFor the years ended December 31?Year 2Year 1Assets:??Cash$ 43,000$ 22,000Accounts receivable38,00042,000Merchandise inventory61,00052,000Prepaid insurance6,0009,000Long-term investments49,00020,000Plant assets (net) 218,000 218,000Total assets$415,000$363,000???Liabilities and Equity:??Current liabilities$ 62,000$ 75,000Long-term liabilities45,00036,000Common stock150,000150,000Retained earnings 158,000 102,000Total liabilities and equity$415,000$363,000
What will be an ideal response?
Explain the three levels of strategy and how they relate to organizations.
What will be an ideal response?