There are products or services that can be either sold in a basic form or be processed further
Indicate whether the statement is true or false
True
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Carrington, Inc recorded $97,000 in salary expense for January 2016 . Its beginning balance in salaries payable was $3,000 and its ending balance was $4,000 . How much was paid in cash for salaries during January 2016?
a. $96,000 b. $97,000 c. $98,000 d. $99,000
Depreciation expense influences cash flows because it directly affects
a. the amount of income taxes paid by the company. b. cash received from revenues during the current period. c. the carrying value of the asset. d. accumulated depreciation.
Briefly identify some disadvantages a company with a large and diverse business portfolio may experience
What will be an ideal response?
Which of the following is NOT an element of the promotion mix?
A) public relations B) personal selling C) sales promotion D) product E) direct marketing