A firm makes investments to obtain productive capacity to carry out its business activities. Investing activities involve acquiring all of the following except:

a. land, buildings, and equipment.
b. patents, licenses, and other contractual rights.
c. common shares or bonds of other firms.
d. long-term notes receivable of other firms.
e. common shares or bonds of the firm.


E

Business

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The reality principle finds ways to gratify the id that are acceptable to the outside world

Indicate whether the statement is true or false

Business

During 2018, Krug Company reported net sales of $1,025,000. During the year net accounts receivable increased $39,750 even though Krug wrote-off $7,150 of receivables as uncollectible; Krug uses the allowance method to account for bad debts. Krug's bad debt expense during 2018 was $20,500. How much cash was collected from customers during 2018?

A. $ 971,900 B. $1,037,100 C. $ 957,600 D. $ 964,750

Business

Chandler is the owner of a restaurant called KC Kitchen. He decides to increase employee motivation by introducing benefit packages. However, Alivia, the manager, suggests that employees will be more motivated if Chandler increases their actual wages. Which statement, if true, strengthens Alivia's argument?

A. Most of the employees at KC Kitchen belong to the age group that looks forward to pensions. B. Benefit packages are more difficult to understand by employees than pay structures. C. Employees do not prefer cash compensation due to higher tax rates. D. The state has introduced mandatory requirements for employee benefits. E. Chandler's competitor, Henry, gives many benefits to his employees.

Business

A marketing decision support system (MDSS) is a ________

A) basic system used by companies that do not have the resources to develop a marketing information system (MIS) B) popular syndicated research report purchased by most major media companies C) sophisticated information system that allows marketing managers to use statistical and modeling software tools D) type of custom research report often called for in the marketing research process E) data warehouse used to support a marketing information system (MIS)

Business