Sales of woolen clothing usually increase during the winter season and decline thereafter. This is an example of ________ demand
A) irregular
B) declining
C) impulse
D) latent
E) negative
A
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Which type of benchmarking is used to identify an organization’s strengths and weaknesses?
A. peer B. outcome C. statistical D. corporate
Answer the following statements true (T) or false (F)
1. It is effective to pass photographs around the room. 2. When preparing visual aids, you should minimize purely decorative design elements. 3. You should have a contingency plan in case the equipment fails.
As a kind of lighting, natural light is very dependable but is not very efficient
Indicate whether the statement is true or false.
Karaoke Records Company uses the indirect method to prepare its statement of cash flows
Refer to the following sections of the comparative balance sheet: Karaoke Records Company Comparative Balance Sheet December 31, 2017 and 2016 2017 2016 Increase (Decrease) Accounts Payable $ 6,000 $ 9,000 $(3,000 ) Accrued Liabilities 3,000 1,500 1,500 Long-term Notes Payable 126,000 135,000 (9,000 ) Total Liabilities $ 135,000 $ 145,500 $(10,500 ) Common Stock 45,000 3,000 42,000 Retained Earnings 169,500 111,000 58,500 Treasury Stock (12,000 ) (7,500 ) (4,500 ) Total Equity 202,500 106,500 96,000 Total Liabilities and Stockholders' Equity $337,500 $252,000 $85,500 Additional information for 2017: • No stock was retired. • No treasury stock was sold. • The company repaid $60,000 of long-term notes payable. • The company borrowed $51,000 on a new long-term note payable. • Net income for the year was $68,000. Prepare the financing section of the statement of cash flows for the year ended December 31, 2017. What will be an ideal response