Which of the following is the LEAST appropriate business application of text messaging?
A) real estate agents using it to inform buyers that new listings that fit their specifications have come to the market
B) salespeople informing their managers about monthly sales figures using abbreviated shorthand-type language
C) airlines using it to confirm flight information
D) advertisers using it to alert users to new product information
E) businesses using it to alert customers about special events
B
Explanation: B) As a means of exchanging quick messages via a cell phone, texting can be as useful as instant messaging. The abbreviated language makes texting inappropriate for most business communications. It should not be used to communicate confrontational, sensitive, or confidential information. It is a great way to convey simple messages, clarify a point, confirm a meeting, or the like.
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A company had net income of $705,000. Depreciation expense is $78,000. During the year, accounts receivable and inventory increased $45,000 and $120,000, respectively. Prepaid expenses and accounts payable decreased $6,000 and $12,000, respectively. There was also a loss on the sale of equipment of $9,000. How much cash was provided by operating activities?
a. $603,000. b. $621,000. c. $843,000. d. $879,000.
Common methods of improving retail productivity for a variety of retail institutions are changing the merchandise mix, improving sales training, and redesigning stores
Indicate whether the statement is true or false