Unless hired for a specific period of time or for a specific project or task, an employee is generally hired_________and can be terminated for any reason except those prohibited by law

Fill in the blank(s) with correct word


at will

Business

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Bledsoe Company acquired $17,000 cash by issuing common stock on January 1, Year 1. During Year 1, Bledsoe earned $8,500 of revenue on account. The company collected $6,000 cash from customers in partial settlement of its accounts receivable and paid $5,400 cash for operating expenses. Based on this information alone, what was the impact on total assets during Year 1?

A. Total assets increased by $20,100. B. Total assets did not change. C. Total assets increased by $600. D. Total assets increased by $26,100.

Business

A deferral is the recognition of an expense that has arisen but not yet recorded

Indicate whether the statement is true or false

Business

A company's sales forecast would likely not consider general economic and industry trends.

Answer the following statement true (T) or false (F)

Business

While chains account for about 30 percent of all retail establishments, they account for what percent of total retail sales?

a. 30 b. 50 c. 75 d. 90

Business