The U.S. government has not made any effort to upgrade and expand broadband access nationwide since the late 1990s
Answer the following statement true (T) or false (F)
False
The U.S. government passed the Recovery Act in 2009 with money allocated for expanding nationwide Internet access to rural areas and into schools, libraries, public safety offices, and other community buildings
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A bank's estimated bad debt expense associated with its loan receivables is the:
A. allowance for loans. B. accumulated loan loss. C. loan loss provision. D. loan charge-offs.
Chase Company has 10 employees, who earn a total of $1,800 in salaries each working day. They are paid on Monday for the five-day workweek ending on the previous Friday. Assume that year ended on December 31, which is a Wednesday, and all employees will be paid salaries for five full days on the following Monday. The adjusting entry needed on December 31 is:
A. Debit Salaries Expense, $9,000; credit Salaries Payable, $9,000. B. Debit Salaries Expense, $3,600; credit Salaries Payable, $3,600. C. Debit Salaries Expense, $5,400; credit Cash, $5,400. D. Debit Salaries Payable, $5,400; credit Salaries Expense, $5,400. E. Debit Salaries Expense, $5,400; credit Salaries Payable, $5,400.
When computing dilutive EPS, the treasury stock method can be used for all of the following except
a. stock warrants. b. convertible preferred stock. c. stock options. d. stock rights.
The important functions of providing credit, aggregating supplies from multiple sources, making deliveries, and processing returns often are all carried out by ___________.
A. resellers B. distributors C. marketers D. businessmen