Which of the following is NOT common concluding pitfall?
a. Ending abruptly
b. Being long-winded
c. Being concise
d. Introducing new ideas
c. Being concise
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A debt security sold by large corporations to raise short-term funds is known as a(n)?
A. ?commercial paper. B. ?treasury bill. C. ?debenture. D. ?bond.
Clapton Inc would like to prepare an income statement for March. Their production department records show that total product costs in March were $225,000 when 50,000 units were produced. Their sales department records show that 46,000 units were sold for $16 each. Monthly administrative and marketing expenses totaled $60,000. What should be net operating income for March? (Ignore taxes)
A) $529,000 B) $473,800 C) $451,000 D) $469,000
One way to make a service more tangible is to have customers ________.
A. Google the service and see who provides the services in their area B. read about it on a website C. experience the service through a trial D. use the service at a regular basis E. receive a brochure that highlights the advantages and disadvantages of the service
Redribbon Gallery reported the following assets on its December 31, 2017 balance sheet
Dec. 31, 2017 Dec. 31, 2016 Cash $35,000 $28,000 Accounts Receivable 97,000 85,000 Merchandise Inventory 80,000 62,000 Prepaid Expenses 29,000 20,000 Property, plant, and equipment, net 30,000 18,000 If the net sales for the year amounted to $850,000, what is the asset turnover ratio for 2017? What will be an ideal response