What is roughly 1 million bytes?
A. Megabyte.
B. Terabyte.
C. Kilobyte.
D. Gigabyte.
A. Megabyte.
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Partners Ken and Macki each have a $40,000 capital balance and share income and losses in a 3:2. Cash equals $20,000, noncash assets equal $120,000, and liabilities equal $60,000. If the noncash assets are sold for $80,000, the Macki's capital account will
A) decrease by $16,000. B) decrease by $24,000. C) increase by $24,000. D) decrease by $40,000.
Among the marketing mix variables, price is the easiest and quickest to alter, so sometimes firms overuse price changes to stimulate additional sales or gain market share.
Answer the following statement true (T) or false (F)
Products that are in the process of being manufactured but are not yet complete are called:
A. Finished goods inventory. B. Cost of goods sold. C. Raw materials inventory. D. Conversion costs. E. Work in process inventory.
Which of the following would be a breach of the implied warranty of merchantability?
a. A knife that cuts its user when slicing a bagel b. A radio that does not pick up FM signals c. A match that burns a spot in the carpet when accidentally dropped d. A watch that does not keep accurate time after getting wet