Thomas Business Supply reported a negative amount in Retained Earnings. What term describes this negative amount? What can cause this to happen?
What will be an ideal response
A negative balance in Retained Earnings is called a deficit. A deficit occurs when a company has recurring losses and/or declares dividends in excess of Retained Earnings.
Business
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Creating a brand-marketing event or serving as a sole or participating sponsor of events created by others is known as ________
A) point-of-purchase promotions B) sweepstakes C) team selling D) event marketing E) personal selling
Business
A characteristic of a retail strategy is its _____
a. focus on past operations and success b. attention to short-run success c. attention to personnel availability and training. d. systematic assessment of the environment to ascertain opportunities and constraints
Business