In bit-mapped graphics, colors are expressed using ____ that represent combinations of intensities of red, green, and blue.
A. paint swatches
B. numbers
C. text strings
D. color grids
Answer: B
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________ investments are categorized as either current assets or long-term assets on the balance sheet, depending on the maturity date.
A) Held-to-maturity debt B) Serial bond debt C) Trading debt D) Available-for-sale debt
Mason Corporation had $650,000 in invested assets, sales of $700,000, income from operations amounting to $99,000, and a desired minimum rate of return of 15%. The residual income for Mason is:
A) $0 B) $84,150 C) ($6,000) D) $1,500
In Sharia law, interest is forbidden
A. so equity partnerships, where business risk is shared, tend to be the approach to developing working capital. B. but mostly this prohibition is simply a pretense, and interest is usually paid but termed something else. C. which greatly limits the development of international businesses. D. so the acquisition of working capital is severely limited.
What would a seller of goods use to assure payment from a sale of goods overseas?
A) bill of lading B) warehouse receipt C) letter of credit D) negotiable draft