A production team at TriCo Inc came up with a way to reorganize its work station so as to greatly reduce the setup time required for new production runs. Within a year, other production teams throughout the company had reorganized their work stations to match. The efficiencies gained were the result of _____ change

Charles company used the percent of sales method to determine its bad debts exp ense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts Receivable $245,000 debit Allowance for doubtful Accounts $300 credit Net Credit Sales $900,000 Based on past experience, the company estimates 0.5% of credit sales to be uncollectible. What amount would be reported in the Balance Sheet under Accounts Receivable, net of doubtful accounts?

A) $245,000 B) $244,700 C) $240,200 D) $240,500 E) $240,800

Today's customers expect a salesperson to have extensive product knowledge, to be efficient and reliable, and to provide ideas to improve the customer's operations. These demands are forcing companies to make higher investments in ________

A) sales training B) internal selling C) management controls D) advertising E) sales promotions