True or false 1. Satisfying customer wants at a reasonable price is important to business success.

The Zoom Slingshot Company's marketing department conducts a customer satisfaction survey. It discovers that one of its slingshot lines frequently breaks, causing customer dissatisfaction.

One of the reasons items manufactured in southeast asia are imported into the united states less expensively is that workers are paid a small amount of money for each item produced.

Adam spent $10,000 on new equipment for his small business, "Adam's Fitness Studio". Membership at his fitness center is very low and at this rate, Adam needs an additional $12,000 per year to keep his studio open.

A. J. and April Couch just opened a computer store in a small community. Before opening the store, they listened to their SBA counselor's warnings about the importance of having balanced experience, that is, marketing, finance, and personnel

In which of the following types of accounts are increases recorded by credits? a. expenses and liabilities b. liabilities and drawing c. revenues and liabilities d. drawing and assets

Discount-Mart issues $10 million in bonds on January 1, 2012. The bonds have a ten-year term and pay interest semiannually on June 30 and December 31 each year. Below is a partial bond amortization schedule for the bonds.

Available"" (as in ""measurable and available"") means 1. Available to finance expenditures of the current period 2. Subject to accrual 3. Collectible 4. Available for appropriation

Which of the following is reported as a financing activity in the statement of cash flows? Multiple Choice The payment of interest on bonds payable. The receipt of dividend revenue. The acquisition of stock for the purpose of retiring it.

Which one of the following is true concerning manufacturing and merchandising companies' inventories? Entry field with incorrect answer The balance sheet for both types of companies reports one category for inventories.

What is the law of demand and supply