Interest rate increases have a ________ impact on the residential home construction industry and a ________ effect on industries that produce consumer necessities such as prescription drugs or basic grocery items.
A. negative; negligible
B. positive; negligible
C. positive; negative
D. negative; positive
Answer: A
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Which of the following is an example of a "new" media?
A) television B) cable TV C) radio D) the Web
Expert power
A. is derived from referent power. B. is derived from the leader's capability and knowledge in a particular field. C. is derived from organizationally conferred decision-making authority. D. arises from a manager's access, control, and distribution of information that is not freely available to everyone in an organization.
On January 1, 2017, Everlight Corp
has the following account balances: Accounts Receivable 20,000 Allowance for Bad Debts 1,200 Bad Debts Expense During the year, Everlight has $155,000 of credit sales, collections of credit sales of $143,000, and write-offs of $3,300. It records bad debts expense at the end of the year using the aging-of-receivables method. At the end of the year, the aging analysis shows that $1,700 is the estimate of uncollectible accounts. Before the year-end entry to adjust the bad debts expense is made, the balance in the Allowance for Bad Debts expense is ________. A) a debit of $2,100 B) a credit of $4,500 C) a zero balance D) a debit of $3,300
If the cost of the beginning work in process inventory is $60,000, costs of goods manufactured is $890,000, direct materials cost is $330,000, direct labor cost is $210,000, and overhead cost is $315,000, calculate the ending work in process inventory.
A. $35,000. B. $45,000. C. $355,000. D. $350,000. E. $25,000.