Distinguish between selling expenses and general and administrative expenses.
What will be an ideal response?
Selling expenses include the expenses of promoting sales by displaying and advertising
merchandise, making sales, and delivering goods to customers. General and administrative expenses support a company's overall operations and include expenses related to accounting, human resource management, and financial management. Some expenses can relate to both areas and are allocated between them.
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The key purpose of social media metrics is to analyze mobile device usage
Indicate whether the statement is true or false
Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $5,800,000; sales of $5,375,000; cost of goods sold of $3,225,000; and operating expenses of $1,147,000. Compute the division's return on investment:
A. 21.3%. B. 17.3%. C. 14.7%. D. 18.6%. E. 10.4%.
Fee simple defeasible can be thought of as complete ownership with a limitation, which if
violated, results in the loss of the property. Indicate whether the statement is true or false
When you pay off the principal and all of the interest at one time at the maturity date of the loan, we call this type of loan a/an ________
A) amortized loan B) interest-only loan C) discount loan D) compound loan