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Gray Financial Services, Inc invested $33,000 to acquire 6,250 shares of Mitt Investments, Inc on March 15, 2013

This investment represents less than 20% of the investee's voting stock. On May 7, 2017, Gray Financial Services, Inc sells 2,500 shares for $19,250. When the journal entry to record the sale is made, ________. A) Gain on Disposal will be credited B) Long-term Investments-Available-for-Sale will be debited C) Cash will be credited D) Long-term Investments-Held-to-Maturity will be debited

In using an apology strategy to a crisis situation, the firm must acknowledge its inappropriate behavior and make a commitment not to engage in any further inappropriate behavior

Indicate whether the statement is true or false