Which of the following is NOT true regarding racial and ethnic identities?
a. They don’t influence how we receive a message.
b. They are socially constructed.
c. They are based on physical characteristics.
d. They develop over time through communication.
a. They don’t influence how we receive a message.
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A retail format describes the nature of the retailer's operations that it will use to satisfy the needs of its target market.
Answer the following statement true (T) or false (F)
The debt to equity ratio of four companies is given below.
Based on the debt to equity ratio, which of the following companies has the least financial risk?
A) Lewis, Inc.
B) Jackson, Inc.
C) Jones Corp.
D) Roberts Corp.
Black Hills Manufacturing has two processing departments, Department I and Department II. During the year, direct materials worth $38,000 purchased on account were assigned to Department I. At the end of the year, when the production cost report for Department I was prepared, Black Hills assigned $40,000 to the units transferred from Department I to Department II. The journal entry to record the transfer of units to Department II will ________.
A) debit Work-in-Process Inventory—Department II for $38,000 and credit Work-in-Process Inventory—Department I for $38,000 B) debit Work-in-Process Inventory—Department I for $40,000 and credit Work-in-Process Inventory—Department II for $40,000 C) debit Work-in-Process Inventory—Department I for $38,000 and credit Work-in-Process Inventory—Department II for $38,000 D) debit Work-in-Process Inventory—Department II for $40,000 and credit Work-in-Process Inventory—Department I for $40,000
A baker buys an oven for his new bakery at the cost of $6,000 to bake bread. Each bread loaf is
baked at the cost of $3, which includes the costs of electricity, dough, packaging, etc. The baker sells each loaf of bread for $6. At what point (in terms of sales) does he expect to break even? A) 1,500 loaves B) 1,000 loaves C) 500 loaves D) 2,000 loaves