Which one of the following is NOT a reason why branding is a key to success?
a. Brands makes choice easier for consumers
b. Brands offer consistency and continuity for consumers
c. Brands help build and communicate a consumers identity
d. Brands mean you don’t have to worry about competitors
d. Brands mean you don’t have to worry about competitors
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Gift Shops Unlimited's unadjusted Merchandise Inventory at December 31, 2019 was $7,600. The cost associated with the physical count of inventory on hand on December 31, 2019 was $7,350. In addition, Gift Shops Unlimited estimated approximately $800 of merchandise sold on account will be returned with a cost of $450. Assume a perpetual inventory system is used.
Requirements: 1. Journalize the adjustment for inventory shrinkage. Omit explanation. 2. Journalize the adjustment for estimated sales returns. Omit explanation.
Why is mutual trust important in managing a supply chain?
What will be an ideal response?
?How is the book value per share calculated?
A. ?Book value per share = Common equity ÷ Total number of shares outstanding B. ?Book value per share = Total shares issued × Per share par value C. ?Book value per share = Current assets - Current liabilities D. ?Book value per share = Total assets ÷ Total number of shares outstanding E. ?Book value per share = Earnings available to common stockholders ÷ Total number of shares outstanding
CBM Inc. realized a $429,000 gain on sale of a commercial office building that the corporation placed in service in 1994. Accumulated MACRS depreciation on the complex was $311,800. The entire gain is characterized as Section 1231 gain.
Answer the following statement true (T) or false (F)