Which of the following is a typical reason for the accelerating growth of the global markets?
A) decreasing number of middle-class consumers
B) high growth rate in the emerging markets
C) stagnant growth in the high-income countries
D) lack of growth in the world's poorer countries
B
You might also like to view...
Compton Company expects the following total sales:MonthSales March$30,000 April$20,000 May$30,000 June$25,000 The company expects 60% of its sales to be credit sales and 40% for cash. Credit sales are collected as follows: 30% in the month of sale, 70% in the month following the sale. The budgeted accounts receivable balance on May 31 is:
A. $21,000. B. $12,600. C. $20,400. D. $12,240.
An adjusting entry made to record accrued interest on a note payable due next year consists of
a. Interest Expense – Debit; Cash – Credit. b. Interest Receivable – Debit; Interest Income – Credit. c. Interest Expense – Debit; Notes Payable – Credit. d. Interest Expense – Debit; Interest Payable – Credit.
On January 1, Year 1, Dinwiddie Company purchased a car that cost $45,000. The car has an expected useful life of 5 years and a $10,000 salvage value. Which of the following statements is true?
A. The amount of depreciation expense recognized in Year 4 would be greater if Dinwiddie depreciates the car under the straight-line method than if the double-declining-balance method is used. B. The total amount of depreciation expense recognized over the six-year useful life will be greater under the double-declining-balance method than the straight-line method. C. At the end of Year 2, the amount in accumulated depreciation account will be less if the double-declining-balance method is used than it would be if the straight-line method is used. D. None of these statements is true.
It is increasingly common for employees to quit or resign from their jobs because of the intolerable acts of their employers leaving them with no other choice.
Answer the following statement true (T) or false (F)