All of the data for the statement of retained earnings are taken from the Balance Sheet columns of the work sheet

Indicate whether the statement is true or false


F

Business

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Your work history includes a lengthy gap in employment. How can you handle this challenge when writing a résumé?

What will be an ideal response?

Business

Mini-Case Question. In which of the following situations is Dow using a mixed channel system?

A) Instead of using salespeople, Dow uses manufacturer's representatives and brokers, and pays them a commission on every product sold. B) Retailers take over Dow's sales and point-of-purchase distribution in consumer markets, but distributors or dealers assume this responsibility in B2B markets. C) Dow uses primarily direct mail and catalog sales to market its products, but also uses telemarketing to target large customers. D) Dow distributes its products directly to customers in the innovation/technology segment but finds that use of wholesale distributors and dealers are more efficient in reaching the service quality segment. E) Dow uses manufacturers' representatives, sales agents, and brokers who assume the selling responsibility for the business and receive a commission when a sale occurs, but do not take title to the products.

Business

Which of the following is true of a branch office of a multinational corporation?

A) Branch offices cannot be setup in foreign countries. B) Branch offices are considered separate legal entities. C) There is no liability shield between the corporation and the branch office. D) The corporation is not liable for the torts committed by personnel of the branch office.

Business

A trade name cannot be protected if it is unusual or fanciful.

Answer the following statement true (T) or false (F)

Business