A set of rigid and unfavorable attitudes toward a particular group or groups that is formed in disregard of facts is called:
a. Racism
b. Discrimination
c. Scapegoating
d. Prejudice
e. Stereotyping
d
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Which of the following is at the top of the GfK International purchase funnel that is used as a diagnostic model of consumer decision making?
A. model intention B. awareness C. consideration D. shopping E. imagery
A presumption in law is something which is presumed to be true without the necessity of
having to prove that it is true. Indicate whether the statement is true or false
In the first year of operation, Ralph's Repair Service recognized $480,000 of service revenue on account. The ending accounts receivable balance was $88,000. Ralph estimates that 2% of sales on account will not be collected. During Year 1, Ralph wrote off a $200 receivable that was determined to be uncollectible. Assume there were no other transactions affecting accounts receivable.Required:a) What amount of cash was collected in Year 1?b) What amount of uncollectible accounts expense was recognized in Year 1?c) What is the net realizable value of accounts receivable that will be reported on the balance sheet as of December 31, Year 1?
What will be an ideal response?
Flores Corporation uses the indirect method to prepare the operating activities section of its statement of cash flows. The following is a partial list of the company's account balances:
Additional information:Net income for Year 2 was $36,900, depreciation expense was $26,700, and equipment with a book value of $20,000 was sold for $18,000 cash.Required:Prepare the operating activities section of the statement of cash flows for Year 2. (Note that a heading is not required.)
What will be an ideal response?