The issuance of common stock affects both paid-in capital and retained earnings

a. True
b. False

Indicate whether the statement is true or false


False

Business

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To avoid a confrontation with a customer and to avoid telling the customer he or she is wrong, a salesperson can use the head-on approach to handling objections

Indicate whether the statement is true or false

Business

In 2010, Blanton Company bought equipment with a cost of $160,000, an estimated residual value of $40,000, and an estimated life of 15 years. It was depreciated by the straight-line method for 4 years. Due to obsolescence, it was determined at the beginning of 2014 that the useful life should be shortened by 3 years and the residual value changed to zero. The depreciation expense for 2014 is

a. $11,636 b. $16,00 c. $11,00 d. $8,000

Business

Cross-sectional analysis involves intercompany comparisons

Indicate whether the statement is true or false

Business

Which of the following personal communication channels consist of company salespeople contacting buyers in the target market?

A) expert channels B) social channels C) advocate channels D) independent channels E) informal channels

Business