Which U.S. state was listed as the most business friendly by a survey of 500 CEOs?
a. Texas
b. Nevada
c. North Carolina
d. California
a. Texas
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Park, Inc purchased merchandise from Jay Zee Music Company on June 5, 2016 . The goods were shipped the same day. The merchandise's selling price was $15,000 . The credit terms were 1/10, n/30 . The shipping terms were FOB shipping point. Park received the merchandise on June 10, 2016 . Park paid the amount due on June 13, 2016. When did title to the merchandise transfer from Jay Zee Music
Company to Park? a. June 10, 2016 b. June 5, 2016 c. June 13, 2016 d. Cannot be determined from the information provided
Use the information below for Focal Point Corp for 2016 and 2017 to answer the following question. Retained earnings, December 31, 2016 $300,000 Retained earnings, December 31, 2017 345,000 Dividends payable, December 31, 2016 19,000 Dividends payable, December 31, 2017 29,000 Net income—2017 150,000 Assume that there were no retained earnings transactions other than those dealing with
dividends and net income. How much dividends did Focal Point declare during 2017? a. $95,000 b. $105,000 c. $140,000 d. $150,000
Excerpts from a cost-volume-profit analysis indicate fixed costs of $30,000, a variable cost per unit of $36, a selling price of $60, and a sales level of $125,000. The targeted level of profit must be
A) $20,000. B) $50,000. C) $95,000. D) $75,000.
Your failure to notify the police in the event of theft may invalidate your homeowners coverage for theft
Indicate whether the statement is true or false