The backchannel can present challenges for business presenters because
A) Twitter breaks must be scheduled.
B) contrary audience members can have more leverage.
C) supportive listeners can spread your message to a much larger audience.
D) it is difficult to track what parts of the presentation were effective, and which were not.
E) the hashtag must be meaningful and relevant.
Answer: B
Explanation: B) The backchannel gives contrary audience members more leverage, which can cause a presentation to spin out of control.
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An invoice received from a supplier for $8,000 on January 1 with terms 1/15, n/30 means that the company should pay
a. $7,920 before the end of January. b. either $7,920 before January 16 or $8,000 before the end of the month. c. $8,000 between January 2 and January 16. d. $6,800 before January 16.
A company is contemplating investing in a new piece of manufacturing machinery. The amount to be invested is $100,000. The present value of the future cash flows at the company's desired rate of return is $105,000. The IRR on the project is 12%. Which of the following statements is true?
A) The project should not be accepted because the net present value is negative. B) The desired rate of return used to calculate the present value of the future cash flows is less than 12%. C) The desired rate of return used to calculate the present value of the future cash flows is more than 12%. D) The desired rate of return used to calculate the present value of the future cash flows is equal to 12%.
In the current year, Borden Corporation had sales of $2,120,000 and cost of goods sold of $1,260,000. Borden expects returns in the following year to equal 5% of sales. The unadjusted balance in Inventory Returns Estimated is a debit of $18,000, and the unadjusted balance in Sales Refund Payable is a credit of $22,000. The adjusting entry or entries to record the expected sales returns is (are):
A.
| Sales returns and allowances | 84,000? | |
| Sales | 84,000? | |
| Cost of Goods Sold | 45,000? | |
| Inventory Returns Estimated | 45,000? |
B.
| Sales Refund Payable | 84,000? | |
| Accounts receivable | 84,000? |
C.
| Accounts Receivable | 2,120,000? | |
| Sales | 2,120,000? |
D.
| Sales Returns and Allowances | 84,000? | |
| Sales Refund Payable | 84,000? | |
| Inventory Returns Estimated | 45,000? | |
| Cost of goods sold | 45,000? |
E.
| Sales | 2,120,000? | |
| Sales Refund Payable | 106,000? | |
| Accounts receivable | 2,014,000? |
A sole proprietorship is a distinct legal entity
Indicate whether the statement is true or false