Rubin Installations Company uses the direct method to prepare its statement of cash flows
Rubin has reported cost of goods sold of $95,000 on its income statement for 2017. If the balance in the Merchandise Inventory account decreased by $6,000 during the year, then $6,000 needs to be added to $95,000 to calculate payments to suppliers for inventory purchases.
Indicate whether the statement is true or false
FALSE
Business
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Jim's perception of his employees' traits and behaviors is known as a(n) _____ appraisal.
Fill in the blank(s) with the appropriate word(s).
Business
Phoebe helps small farmers negotiate sales to food processing companies. However, once she has helped negotiate the transaction, she does not maintain a long-term relationship with the farmers. Phoebe is an example of a sales agent in this market.
a. true b. false
Business