Which of the following is a capital budgeting method used to screen potential investments?
A) return on assets
B) acid test ratio
C) accounting rate of return
D) debt-to-equity ratio
Answer : C) accounting rate of return
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Jervis sells $3400 of its accounts receivable to Northern Bank in order to obtain necessary cash. Northern Bank charges a 2% factoring fee. What entry should Jervis make to record the transaction?
A. Debit Accounts Receivable $3332; debit Factoring Fee Expense $68; credit Cash $3400. B. Debit Cash $3332; credit Accounts Receivable $3332 C. Debit Cash $3400; credit Factoring Fee Expense $68; credit Accounts Receivable $3400 D. Debit Accounts Receivable $3400; credit Factoring Fee Expense $68; credit Cash $3332 E. Debit Cash $3332; debit Factoring Fee Expense $68; credit Accounts Receivable $3400
Establishing the nonprofit’s mission is the responsibility of the organization’s ______.
A. board B. members C. chief executive officer D. human resources department
Disclosure of segment information is useful in the analysis of diversified companies
Indicate whether the statement is true or false
What skill set provides the ability to understand, communicate, and work well with individuals and groups through developing effective relationships?
A. Human relations B. Technical C. Conceptual D. Design E. Business