Answer the following statement(s) true (T) or false (F)
Existing securities are traded on the primary market.
Ans: False
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The cost of merchandise purchased during the period less any returns or any discounts is called
a. purchases; b. net purchases; c. purchases returns and allowances; d. cost of goods available; e. purchase requisition.
End caps are used for
A. supporting freestanding displays that attract customers. B. supporting shelves and racks to be mounted on walls. C. displaying merchandise that is being promoted. D. higher-margin, impulse, and sale merchandise. E. housing mannequins to display apparel.
An overstatement of ending inventory in a period will result in an overstatement of gross margin in that period
Indicate whether the statement is true or false
Which sentence expresses numbers correctly?
A) Our company will be celebrating its seventy-fifth anniversary in June. B) Our company will be celebrating its 75th anniversary in June. C) Our company will be celebrating its seventy fifth anniversary in June.