The group of users of accounting information charged with achieving the goals of the business is its

a. auditors.
b. creditors.
c. management.
d. investors.


C

Business

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Scribe Company, a manufacturer of writing instruments, provides the following financial information:


Calculate the return on investment for the Pencil Division. (Round your answer to two decimal places.)
A) 15.63%
B) 15.09%
C) 15.69%
D) 14.55%

Business

Sarah's Paralegal Services completed these transactions in February: a. Purchased office supplies on account, $300.b. Completed work for a client on credit, $500.c. Paid cash for the office supplies purchased in (a).d. Completed work for a client and received $800 cash.e. Received $500 cash for the work described in (b).f. Received $1,000 in advance from a client for services to be performed in March.Prepare journal entries to record the above transactions. Explanations are not necessary.

What will be an ideal response?

Business

Which of the following cases concerned a trade secret?

A. Association for Molecular Pathologyv.Myriad Genetics, Inc. B. Bikram's Yoga College of India, L.P. v.Evolation Yoga, LLC C. AMF Inc.v.Sleekcraft Boats D. CDM Media USA, Inc. v.Simms

Business

Schiller Construction Inc. has estimated the following revenues and expenses related to phase I of a proposed new housing development. Incremental sales= $5,000,000, total cash operating expenses $3,500,000,

depreciation $500,000, taxes 35%, interest expense, $200,000. Operating cash flow equals A) $650,000 B) $1,000,000 C) $1,150,000 D) $975,000

Business