________ is a Web-based marketplace in which one company sells to many buyers from e-catalogs or auctions, frequently over an extranet

Participation in affinity groups decreases an individual's sense of isolation in a work culture.

a. true b. false

A merchandiser uses a perpetual inventory system. The beginning Retained Earnings balance of the merchandiser was $110,000

During the year, Sales Revenue amounted to $80,000, Sales Returns and Allowances were $2,000, Sales Discounts were $4,000, Cost of Goods Sold was $40,000, and all other expenses totaled $12,000. The company declared and paid $25,000 as dividends. The closing balance of Retained Earnings would be ________. A) $111,000 B) $107,000 C) $98,000 D) $110,000