AWG stands for:
A) American Wyzamp Gauge
B) Authenticated Wireless Gauge
C) American Wire Gauge
D) none of the above
C
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Omega Company reported net incomes in 2013 and 2014 before sustaining a significant operating loss in 2015 . All of the 2015 loss can be carried back against the income of 2013 and 2014 for purposes of determining the company's 2015 income tax liability. How should the carryback be presented in the company's 2015 financial statements?
a. As an extraordinary item in the income statement b. As a revenue from operations in the income statement c. As the correction of an error in the retained earnings statement d. As a reduction in the operating loss on the income statement for the year 2015
According to the buyer resolution theory, which of the following is an important factor that the consumer is likely to consider before making a purchase?
A) Where should I store the product after purchase? B) What is a fair price? C) How many sellers are in the market? D) When should I make the payment? E) From whom should I ask advice about the purchase?
Good manners and a businesslike, professional demeanor are among the top skills recruiters seek in applicants
Indicate whether the statement is true or false
Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. Cost of goods sold$560,000? Merchandise inventory, January 1 91,000? Merchandise inventory, December 31 109,000? Accounts payable, January 1 80,000? Accounts payable, December 31 66,000?
A. $574,000. B. $592,000. C. $578,000. D. $528,000. E. $651,000.