In calculating the percentage of change (for a comparative financial statement), the amount for the year prior serves as the base
a. True
b. False
Indicate whether the statement is true or false
True
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Not knowing how to communicate well–especially how to write, or express ideas on paper–can reduce advancement opportunities for people in public relations
Indicate whether the statement is true or false
Money left after paying taxes and buying necessities is referred to as _____
a. GDP per capita b. taxable income c. discretionary income d. disposable income
Starwood Corporation has current assets of $200,000, total current liabilities of $750,000 net credit sales of $1,300,000, beginning accounts receivable of $65,000 and ending accounts receivable of $69,000. What is Starwood's accounts receivable turnover?
A. 5.8 times B. 21.8 times C. 22.4 times D. 19.4 times
Oliver slips and falls on Port Harbor's Tour Boat and is injured. Oliver files a suit against Port Harbor for $500,000. If Oliver is 20 percent at fault and Port Harbor is 80 percent, under the "50 percent rule" comparative neg¬ligence principles, Oliver would recover
a. $0. b. $250,000. c. $400,000. d. $500,000.