Masterpiece Sales Company offers warranties on all their electronic goods. Warranty expense is estimated at 3% of sales revenue. In 2019, the company had $603,000 in sales. In the same year, Masterpiece Sales replaced defective goods with goods that had a cost of $16,500. Which of the following is the entry needed to record the replacement of the defective goods?
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Which of the following possible characteristics of consumer buying is LEAST likely to enter into an organizational buying decision?
A. alternatives evaluated on important criteria B. information gathered from internal and external searches C. comparison of product performance with expectations D. purchase decisions based on the highest overall evaluation E. problem recognition triggered by self-actualization motives
During the delivery phase of a project's life cycle, the most significant source of conflict is
A. Schedules. B. Technical. C. Costs. D. Priorities. E. Procedures.
Shaffer Company presents the following data for 2012. Net Sales, 2012 $3,007,124 Net Sales, 2011 93,247 Cost of Goods Sold, 2012 2,000,326 Cost of Goods Sold, 2011 1,000,120 Inventory, beginning of 2012 341,169 Inventory, end of 2012 376,526 The merchandise inventory turnover for 2012 is:
a. 5.6. b. 15.6. c. 7.5. d. 7.7. e. 5.2.
Identify the correct guideline for constructing a table of contents
A) Use the same wording for the headings as in the report body. B) Include all levels of headings in the table of contents. C) List both the starting and the ending page number of each section. D) Draft the table of contents as an outline for writing the report. E) Use the table of contents to emphasize important headings.