Brittany is writing a business report about protecting workplace data and will be conducting an interview with a data security expert. What is the best advice you can give her?

A) Call before the interview to confirm the arrangements, and then arrive on time.
B) Learn about the individual she is interviewing, and research the background and terminology of the topic.
C) Use open-ended questions rather than yes-or-no questions to draw out the responses from the expert.
D) Brittany should complete all these steps.


D

Business

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Most trade receivables are initially recorded at their

A) maturity values. B) discounted values. C) present values. D) net realizable values.

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Merchandise inventory becomes part of cost of goods sold when a company

a. receives payment from the customer. b. pays for the inventory. c. purchases the inventory. d. sells the inventory.

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Longwood, Inc. manufactures various lines of computer equipment and is planning to introduce a new line of laptops. Current plans call for the production and sale of 1,000 units, with estimated costs as follows:     Variable costs:       Manufacturing$450,000     Selling and Administrative 100,000     Total variable costs    $550,000 Fixed costs:       Manufacturing$300,000     Selling and Administrative 180,000     Total fixed costs     480,000 Total costs    $1,030,000 The average amount of capital invested in the laptop product line is $900,000 and Longwood's target return on investment is 18%. What price must Longwood charge if the company uses cost-plus pricing based on total cost?

A. $900. B. $1,192. C. $1,000. D. $868. E. None of the answers is correct.

Business