What effect does "recognizing revenue at the end of the accounting period for rent previously received in advance" have on the accounting equation for an insurance company?
a. Stockholders' equity increases and liabilities increase.
b. Assets increase and stockholders' equity increases.
c. Assets decrease and liabilities decrease.
d. Liabilities decrease and stockholders' equity increases.
d
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Which graphic aid would be best to show the annual sales performance of five McDonald's restaurants in Tyler, Texas?
a. line graph b. bar chart c. pie chart d. Gantt chart
Assume that you have $900,000 to invest. The current spot rate of the Australian dollar is $0.62, and the 180-day forward rate of the Australian dollar is $0.64
Furthermore, the 180-day interest rate in the United States is 3.5% and the 180-day interest rate in Australia is 3.0%. What is the net income you will have realized after 180 days if you conduct interest rate arbitrage? A) $61,548.39 B) $56,903.23 C) $27,000.00 D) $31,500.00 E) $52,632.94
Which of the following strategy factors leads to a positive effect of advertising on sales?
A. long channels of distribution B. emotional buying motives C. inelastic product demand D. hidden product qualities E. elasticity in demand
Spring Supermarket gives its customers VIC (very important customer) cards, which give customers additional discounts on certain products and notifications of special, customer-only sales. In addition, customers can accrue points each time they present their cards while making a purchase. These points can be used to purchase cookware, dishes, and other similar hard goods. Spring Supermarket is using a
A. customer rewards contest. B. subsidized program. C. self-liquidating promotion. D. loyalty program. E. bonus program.