When deciding if you should pay someone else to do something for you, you should consider the following: can I do this myself, how difficult would it be to learn to do this myself, can a friend or someone else assist me instead of a professional, and what?
A) How many hours would I have to work at my job to pay someone else
B) True Cost
C) Pay Rate
D) Service Fees
E) True Expense
A) How many hours would I have to work at my job to pay someone else
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A corporation declares a dividend of $0.50 per share on 18,000 shares of common stock. Which of the following is included in the entry to record the declaration?
A) Cash Dividends is debited for $9000. B) Paid-In Capital in Excess of Par—Common is credited for $9000. C) Cash Dividends is credited for $9000. D) Dividends Payable—Common is debited for $9000.
Prepaid Rent was $800 at the end of May and $1,300 at the end of June. Rent Expense for June was $720. How much cash was paid for rent during June?
A) $820 B) $1,020 C) $1,220 D) $1,420
Mergers may take place for all but which of the following reasons?
A) the philosophy that "bigness" is not "bad" B) a desire to increase competition in the relevant market C) tax credits for research and development D) economies of scale
Bridget is considering how to get to work over the summer. She has two options. Option A is to buy a seasonal bus pass for $100. Option B is to pay $.25 for each ride. Identify the fixed and variable costs for each option
If she has to ride both to and from work, how many days of work would it take for the seasonal pass to cost the same amount as Option B?