Real Events Promotion Corporation licenses Stadium Souvenirs, Inc, to sell Real Events caps, sweatshirts, and similar goods. This is
a. a franchise.
b. an entrepreneur.
c. a principal-agent relationship.
d. a sole proprietorship.
a
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Vista Company's has 32 days' payable outstanding based on the current year's cost of goods sold of $11,315. What is Vista's balance in accounts payable?
A. $870 B. $992 C. $950 D. $975 E. $998
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct material usage is: Direct materials used$87,000 Direct labor used 160,000 Predetermined overhead rate (based on direct labor) 155%Goods transferred to finished goods 432,000 Cost of goods sold 444,000 Credit sales 810,000
A. Debit Work in Process Inventory $87,000; credit Raw Materials Inventory $87,000. B. Debit Work in Process Inventory $87,000; credit Cost of Goods Sold $87,000. C. Debit Raw Materials Inventory $87,000; credit Finished Goods Inventory $87,000. D. Debit Cost of Goods Sold $87,000; credit Finished Goods Inventory $87,000. E. Debit Raw Materials Inventory $87,000; credit Accounts Payable $87,000.
A U.S. Treasury bill is currently selling at a discount basis of 0.25%. The par value of the bill is $100,000 and will mature in thirty days. What is the price of this Treasury bill?
A) $98,850.25 B) $99,830.00 C) $99,875.00 D) $99,979.17
Over half of all Fortune 500 firms train their employees to recognize and deal with particular types of behavior that breach their ethical codes
Indicate whether the statement is true or false