Revenues and expenses are transferred to the ________ account before their final transfer into the Retained Earnings account

A) Net Income
B) Income Summary
C) Dividends
D) Assets

B

Business

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Ashton confronted a team member to express all the team members' concerns. He tried to reason with the member to smooth things out before he formally joined the team. Ashton's reaction can be described as _____________.

Fill in the blank(s) with the appropriate word(s).

Business

A firm's final sales forecast is usually a function of ________

A) its net income B) the salesperson's estimates of demand C) internal and external factors in combination D) its accounts receivable

Business