Convert the following percent to a decimal: 1/4%
What will be an ideal response?
.0025
Change the fractional percent to .25%. Then move the decimal point two places to the left. Remember the shortcut P2D (see book on this hint).
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A company receives $220 for merchandise, of which $15 is for sales tax and $5 is for excise tax. The entry to record the sale would include a:
a. debit to Cash for $200. b. credit to Sales Tax Expense for $20. c. credit to Sales for $220. d. credit to Sales Tax Payable for $15.
If a producer agrees to enter into a management contracting arrangement with a zinc mining operation in Chile,
A. success will depend on how well the Chilean managers know what needs to be done. B. the company must assume no political problems will arise, because otherwise the risk is very high. C. the company should be prepared to invest large amounts in mining facilities. D. the company should be prepared to send people to Chile. E. None of these answers is correct.
A short-form merger is the legal combination of two or more corporations online.
Answer the following statement true (T) or false (F)
Which of the following is the purpose of a project status report?
A. Describe the progress of a project during a time period. B. Report expectations related to a project. C. Detail additional resources needed for a project. D. Designate the team accountabilities for a project.