If a savings account offers a 10% annual interest rate compounded monthly, your actual return will be greater than 10%
Indicate whether the statement is true or false.
TRUE
You might also like to view...
Your company has 500 units in inventory that were purchased for $12 each. These units have a current market price of $15 each. Your supplier has just announced a price increase to $16.50 that will go into effect at the beginning of next year. Management should:
A) adjust the cost of goods sold account for $750. B) adjust the inventory account using the lower of the recent market values, which is $15. C) adjust the inventory account using the cost, which is $12.00. D) adjust the cost of goods sold account for $1,500. E) make no adjustments to the inventory account.
In the case of services, ________ focuses squarely on the quality of the employees
A) inbound logistics B) operations C) marketing and sales D) service