Put the bad news in the last paragraph when refusing a routine customer request
Indicate whether the statement is true or false
False
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A company purchased equipment for use in the business at a cost of $14,500, one-fifth was paid in cash, and the company signed a note for the balance. The journal entry to record this transaction will include a:
A. debit to Equipment of $2900. B. debit to Cash of $14,500. C. credit to Notes Payable of $11,600. D. debit to Notes Payable of $11,600.
In a market penetration strategy, goals are generally expressed in terms of sales and market share
Indicate whether the statement is true or false
A summary should condense a report or article by what percentage?
A) 5 percent B) 25 percent C) 85 to 90 percent D) 50 percent
Brandon orally assigned his right to $100 from a lawn mowing contract to Will as a gift. This assignment is
a. not valid because it was not in writing. b. valid even though it was oral and there was no consideration from Will. c. irrevocable once Brandon has told Will about the gift. d. not valid because Will gave no consideration for the assignment.