In 2015, what was the approximate Internet penetration rate for individuals that have attained less than a high-school education?
A) 25%
B) 33%
C) 66%
D) 75%
C
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Which one of the following statements is false?
a. The primary determinant in selecting an inventory costing method should be the ability of the method to accurately reflect the net income of the period. b. The amount of cash to acquire inventory is the same for companies that use LIFO as for those companies that use FIFO. c. Differences in cash flows between LIFO and FIFO inventory methods are caused by differences in taxes. d. Differences in cash flows between LIFO and FIFO inventory methods are a direct result of the differences in the purchases
A company with a current ratio of 1.0 is considered more liquid than one with a current ratio of 2.0
Indicate whether the statement is true or false
After introducing his topic, Sean spends a few minutes talking about the alarming disappearance of honey bees in the world. Which step in Monroe’s Motivated Sequence is Sean using?
a. attention b. action c. need d. visualization
If the proceeds from discounting a note receivable are less than the face value of the note, Interest Expense will be debited for the excess of the proceeds over the face value
Indicate whether the statement is true or false