For an index number, the base year is set at 100 percent
Indicate whether the statement is true or false
True
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Compton Company expects the following total sales:MonthSales March$30,000 April$20,000 May$30,000 June$25,000 The company expects 60% of its sales to be credit sales and 40% for cash. Credit sales are collected as follows: 30% in the month of sale, 70% in the month following the sale. The budgeted accounts receivable balance on May 31 is:
A. $21,000. B. $12,600. C. $20,400. D. $12,240.
Which of the following is a teleological theory based on the laissez-faire theory of capitalism?
A. Profit maximization B. Difference principle C. Rule utilitarianism D. Act utilitarianism
Victoria is a new sales manager and wants to know which Big 5 personality trait has been shown to be beneficial for sales performance?
A. extraversion B. agreeableness C. neuroticism D. openness
Lynette received unsatisfactory service at a recent business dinner. In her persuasive claim message to the restaurant manager, she should enclose a copy of her restaurant receipt
Indicate whether the statement is true or false