The doctrine of precedent is binding on all courts from county courts to the U.S. Supreme Court
Indicate whether the statement is true or false
False
You might also like to view...
Modern businesses rely heavily on the use of the telephone to conduct day-to-day operations and communicate with internal and external customers.
Answer the following statement true (T) or false (F)
How many guitars does Ajax need to sell each month to break even? (Round your answer up to the nearest whole guitar.)
Ajax was a professional classical guitarist until a motorcycle accident left him disabled. After long
months of therapy, he hired an experienced luthier and started a small shop to make and sell Spanish
guitars. The guitars sell for $800, and the fixed monthly operating costs are as follows:
Ajax's accountant told him about contribution margin ratios, and Ajax understood clearly that for every
dollar of sales, $0.60 went to cover his fixed costs, and anything above that point was profit.
A) 5 guitars
B) 3 guitars
C) 7 guitars
D) 8 guitars
Rockville Company makes a $1,200 purchase of merchandise inventory on account. This transaction will be recorded in the ________.
A) cash payments journal B) sales journal C) cash receipts journal D) purchases journal
Companies use dynamic pricing to balance out supply and demand.
Answer the following statement true (T) or false (F)