Which of the following does not affect the current liabilities section of the balance sheet?
A. Insurance bill to be paid next month
B. Sale of goods on credit
C. Wages owed to employees but not yet paid
D. Purchase of inventory on credit
Answer: B. Sale of goods on credit
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What will be an ideal response?
Jared proposes to his girlfriend over the radio while he is working the late shift as a DJ. What type of communication is Jared engaged in?
a. public communication b. mass communication c. interpersonal communication d. masspersonal communication
Using a segmented marketing strategy, a firm might decide to ignore market segment differences and target the whole market with one offer
Indicate whether the statement is true or false
A liquidating dividend is:
A. Only paid in assets other than cash. B. Only declared when a corporation closes down. C. Only paid in shares of stock. D. Not allowed under federal law. E. A return of a portion of the capital contributed back to the stockholders.