Prepare a horizontal analysis of revenues and cost of goods sold, both in dollar amounts and in percentages, for 2019 and 2018. (Round your percentage answers to two decimal places.)
McDonald Corp. reported the following on its comparative income statement (in millions):
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Which of the following is true of the Garn-St. Germain? Act?
A. ?It allows thrifts to invest up to 10 percent of portfolios in riskier assets such as stocks and real estate. B. ?It creates the system of national banks to be chartered by the Comptroller of the currency. C. ?It creates the Federal Reserve system and gives it the responsibility as the lender of last resort. D. ?It prohibits commercial banks from investment banking activities.
MacKenzie Company sold $600 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 4.5% service charge for sales on its credit cards. MacKenzie electronically remits the credit card sales receipts to the credit card company and receives payment immediately. The journal entry to record this sale transaction would be:
A. Debit Cash of $600 and credit Sales $600. B. Debit Accounts Receivable-Regional $573.00; debit Credit Card Expense $27.00 and credit Sales $600. C. Debit Cash of $600 and credit Accounts Receivable-Regional $600. D. Debit Cash $573.00 and credit Sales $573.00. E. Debit Cash $573.00; debit Credit Card Expense $27.00 and credit Sales $600.
The major activity in strategic planning is business portfolio analysis, whereby management evaluates the products and businesses that make up the company
Indicate whether the statement is true or false
________ fulfill an important role by classifying, explaining, and then bestowing information, most often to family and friends but occasionally to a broader audience.
A. Affiliation groups B. Reference groups C. Opinion leaders D. Gatekeepers E. Influencers