More retail transactions take place online now than in stores.
Answer the following statement true (T) or false (F)
False
More than 90 percent of all retail sales are made in stores. Online transactions are growing at a fast pace; however, they still only occupy a small percentage of overall retail transactions.
You might also like to view...
On November 1, 2018, A & C Janitorial Supply sold merchandise on account with a cost of $4,200 for $6,000 and payment terms of 3/10, n/30. The company uses the gross method and a perpetual inventory system. Prepare the journal entries for this transaction. Omit explanations.
What will be an ideal response?
The information search process can involve the use of commercial, noncommercial, and social sources
Indicate whether the statement is true or false
Shipment of the original offer to a buyer is called accommodation
Indicate whether the statement is true or false
For the lean manufacturing approach to work well,
A. specific-purpose equipment must be used. B. supplier relationships should be short term. C. communication must be formal among line workers. D. product development should be sequential rather than concurrent. E. people should be broadly trained rather than specialized.