Which of the following statements reflects the philosophy of the market-oriented era?A good product will sell itself. The customer is king. Firms should take advantage of a seller's market. Advertising and personal selling should be emphasized in order to make the sale. Firms should focus on value.

Danielle enjoy working as in certified public accountant (cpa) and assisting small business and individuals with managing their financial and taxes . which general area of accounting is her specialty ?

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?

Experienced problem solvers always consider both the value and units of their answer to a problem. why?