A shortening of the credit terms is an indication that there will be more risk in the collection of future receivables
Indicate whether the statement is true or false
F
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Charger Company's most recent balance sheet reports total assets of $27,000,000, total liabilities of $15,000,000 and total equity of $12,000,000. The debt to equity ratio for the period is (rounded to two decimals):
A. 1.80 B. 0.80 C. 0.56 D. 0.44 E. 1.25
A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $360,000 and direct labor hours would be 45,000. Actual manufacturing overhead costs incurred were $377,200, and actual direct labor hours were 47,000. The entry to apply the factory overhead costs for the year would include a
A) debit to factory overhead for $360,000. B) credit to factory overhead for $376,000. C) debit to factory overhead for $377,200. D) credit to factory overhead for $360,000.
In which situation would a communicator use an inductive outline?
a. To explain how to get optimum performance from a smart phone b. To outline procedures for logging into a network c. To tell employees that a two-week furlough is necessary for all employees. d. To respond positively to a request to replace a defective treadmill
Creativity can be developed by
a. being curious. b. brainstorming alone. c. being optimistic. d. all of these choices.