Jarvis Corporation makes an investment in 100 shares of Saxton Company's common stock. The stock is purchased for $45 a share plus brokerage fees of $280 . The entry for the purchase is

a. Cash 4,500
Investments—Saxton Company Stock 4,500

b. Investments—Saxton Company Stock 4,780
Cash 4,780

c. Investments—Saxton Company Stock 4,500
Brokerage Fee Expense 280
Cash 4,780

d. Investments—Saxton Company Stock 4,500
Cash 4,500


b

Business

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Global marketers must understand the importance of visual aesthetics embodied in the color or shape of a product, label, or package. Which of the following statements is not true regarding the use of color in selected countries?

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Indicate whether the statement is true or false

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Zippy had cash inflows from operations of $82,500; cash outflows from investing activities of $67,000; and cash inflows from financing of $45,000. The net change in cash was:

A. $194,500 increase. B. $194,500 decrease. C. $60,500 increase. D. $60,500 decrease. E. $29,500 decrease.

Business