Which of the following would never be liable for securities fraud in the preparation of materials sent to investors:
a. directors of the company b. accountants
c. lawyers who helped prepare disclosure materials d. all of the other specific choices could be liable
e. none of the other specific choices could ever be liable
d
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In the communication process, an actual HP printer/fax machine advertisement would be considered ________
A) encoding B) decoding C) the product D) the message E) the medium
In the context of agency, ratification refers to:
A) Agreeing, after reaching majority, to be bound by a contract entered into as a minor. B) Agreeing to be bound to a contract entered into by an agent that exceeded the agent's authority at the time the agent entered into it. C) Reaffirming a contract that one previously agreed to. D) Getting the appropriate agency to agree to take steps to reduce an excessively large rodent population.
In a sale of goods, risk of loss is generally more important than when title passes from seller to buyer
Indicate whether the statement is true or false
Joyner Company has the following historical collection pattern for its credit sales: 70% collected in month of sale15% collected in the first month after sale10% collected in the second month after sale4% collected in the third month after sale1% uncollectibleBudgeted credit sales for the last six months of the year follow.July$30,000August35,000September40,000October45,000November50,000December42,500Required: A. Calculate the estimated total cash collections during October.B. Calculate the estimated total cash collections during the year's fourth quarter.
What will be an ideal response?