If the legitimate benefits outweigh the anticompetitive effects of a resale price maintenance agreement, the agreement may be held lawful.

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


True

Business

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Capital resulting from the retention of earnings should be entered in an account with an appropriate title such as

a. Retained Earnings; b. Capital; c. Appropriated Retained Earnings; d. Capital Stock; e. Capital Equity

Business

You decrease the Accounts Payable account on the ________ side of its account.

Fill in the blank(s) with the appropriate word(s).

Business

The basis for measuring the cost of capital derived from bonds and preferred stock, respectively, is the

a. pre-tax rate of interest for bonds and stated annual dividend rate less the expected earnings per share for preferred stock. b. pre-tax rate of interest for bonds and stated annual dividend rate for preferred stock. c. after-tax rate of interest for bonds and stated annual dividend rate less the expected earnings per share for preferred stock. d. after-tax rate of interest for bonds and stated annual dividend rate for preferred stock.

Business

Which of the following statements should a salesperson use to simply accept the objection?

A. "I think I might be able to explain that better to you after showing you this diagram." B. "As I was saying, …." C. "Yes, you're right, it is lighter. Customers haven't mentioned that as a problem - why do you think it might be?" D. "Where did you hear that? Your source must have erroneous information." E. "That's true. It does have a shorter shelf life, but that really hasn't been a problem. It is so popular it never stays on the shelf that long anyway."

Business