As long as an investment can be sold within a short period of time, it must be classified as a current asset
Indicate whether the statement is true or false
False
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Which of the following is not true about special journals?
a. A company does not have to use special journals; b. A sale of a company's used machinery on account should be recorded in the general journal; c. Only purchases made on account are recorded in the purchases journal; d. All transactions that involve liabilities should be made in the general journal; e. When a customer pays off the amount due, the company records that amount in the cash receipts journal.
In the Du Pont model, profit margin is a ratio of
a. income to sales. b. income to assets. c. sales to income. d. sales to assets.
Briefly explain sales call allocation step in territory management.
What will be an ideal response?
Compare and contrast a work group, team, and self-managing team in terms of power, leadership, decision making, and activities or tasks.
What will be an ideal response?