The accounting equation is represented by Assets= Liabilities + Stockholders' Equity which of the following would cause a change in the stockholders' equity accounts:
a. Sale of Land for cash and a note receivable for the balance
b. Collection of an account receivable
c. Purchased an asset for cash and 10,000 shares of preferred stock
d. Purchase of common stock back from shareholders
C and D
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Which of the following is an accurate statement regarding the sales presentation?
A) It is best to communicate all you know about the product. B) The location of the sales presentation is an irrelevant factor. C) Each product feature is of equal importance to every customer. D) Appealing to the prospect's senses makes the sales presentation more powerful. E) A sales presentation that does not use technology is not likely to be successful.
What is the process of actively recruiting employees from competitors called?
A) stealing B) plundering C) poaching D) rustling