A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for $7,000 and paid $800 for the freight-in. The company sold the whole lot to a supermarket chain for $15,000 on account. Which of the following entries correctly records the sale?


Business

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Blake and Mouton create ______ grid to determine conflict behavior and how people resolve conflict.

A. conflict resolution B. conflict management C. conflict solutions D. conflict values

Business

Floating-rate debt is advantageous to investors because the interest rate moves up if market rates rise. Since floating-rate debt shifts price risk to companies, it offers no advantages to corporate issuers.

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

Business

In marketing research, means should be displayed with no decimals past the decimal point.

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

Business

A typical objective statement should:

A. be long and descriptive. B. appear above the contact information. C. be placed at the end of a résumé. D. be something between one and three sentences.

Business