The seller is responsible for paying shipping charges and bears the risk of damage or loss in transit if goods are shipped FOB destination.

Answer the following statement true (T) or false (F)


True

Business

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Process innovations are often associated with a low-cost leadership strategy.

Answer the following statement true (T) or false (F)

Business

A corporation has 50,000 shares of $28 par value stock outstanding that has a current market value of $150. If the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately

A) $7 B) $112 C) $37.50 D) $600

Business

The UCC does not specify the form that the assurance of performance is to take

Indicate whether the statement is true or false

Business

A debit balance in Retained Earnings is:

A. called an Accumulated Deficit. B. called a net loss. C. impossible. D. an indication of a contra-equity account.

Business