Given the following account balances, determine the total liabilities. Cash $320, Accounts Receivable $250, supplies $310 and Capital $800. $ ________

Fill in the blank with the appropriate word.

Answer: $80 [$320 + $250 + $310 - 800]

Business

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Data for Sherman, Inc are as follows

2017 2016 Net Sales $850,000 $798,000 Cost of Goods Sold 635,000 580,000 Selling and Administrative Expenses 50,000 35,000 Other Expenses 20,000 15,000 Income Tax 40,000 55,000 Prepare a horizontal analysis of the comparative income statement of Sherman, Inc (Round to one decimal place.) Use a multi-step income statement. What will be an ideal response

Business

The product positioning strategy based on how a product is used is the positioning approach of:

A) product attributes B) competitors C) use or application D) price-quality relationship

Business