During October, a firm had the following transactions involving revenue and expenses. Did the firm earn a net income or incur a net loss for the period? What was the amount?Paid $1,600 for rent for OctoberProvided services for $4,750 in cashPaid $350 for the October telephone serviceProvided services for $1,700 on creditPaid salaries of $2,675 to employeesPaid $350 for the monthly office cleaning service
Fill in the blank(s) with the appropriate word(s).
Net income: $1,475
$4,750 + $1,700 - $1,600 - $350 - $2,675 - $350 = $1,475 Net Income
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Kao Corp., a deodorant manufacturer, invited teenage girls to make an ad that would encourage other girls to buy the product. This program is an example of ________
A) societal marketing B) the production concept C) the selling concept D) partner relationship management E) consumer-generated marketing
Which of the following has no intermediaries and operates strictly from producer to end-user consumer or business user?
A. physical distribution B. virtual network C. direct channel D. exclusive distribution E. indirect channel
Courts in many jurisdictions will consider the negligent actions of both the plaintiff and the defendant when apportioning liability in a product liability action.
Answer the following statement true (T) or false (F)
Silence can never be an acceptance
Indicate whether the statement is true or false