Which of the following statements about sales quotas is true?
A. They emphasize sales or some aspect of sales volume
B. They focus on the activities in which sales representatives are supposed to engage
C. They examine financial criteria such as gross margin or contribution to overhead
D. All of the above
E. None of the above
Ans: D. All of the above
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On June 1, Edison, Inc. borrowed $24,000 on a one-year Note Payable with an interest rate of 10% per year. It will repay the principal and interest at the end of the one-year period. The company makes accrual adjustments at the end of each month
The company should record interest expense of $2,400 on June 30. Indicate whether the statement is true or false
On January 1, 2016, Amethyst Manufacturing Corporation purchased a machine for $40,000,000
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