In product-oriented promotions, giving away the product free is called sampling

Indicate whether the statement is true or false

TRUE

Business

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The total assets and the total liabilities of Smart Financial Services are shown below. The company issued no common stock and paid no dividends during the year

Assets Liabilities Beginning of year $405,000 $270,000 End of year 455,000 300,000 What was the amount of net income for the year? A) $50,000 B) $30,000 C) $20,000 D) $80,000

Business

The broker analyzes the suitability of an income property which is for sale by preparing a(n) ____________ and reviewing it with the buyer.

a. Profit and Loss Statement b. Balance Sheet c. Annual Property Operating Data Sheet (APOD) d. Investment Circular

Business