A price reduction from the original selling price of merchandise is known as a(n) ____________________

Fill in the blank(s) with correct word


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On May 1, 2015, Alang Corporation borrowed $3,600 on a two-year, 6% note payable. Interest is due and payable at the end of each six months. Alang makes all interest payments on schedule. The correct December 31, 2016, adjusting entry would be

A) ?Interest Expense 36Interest Payable 36? B) ?Interest Payable 144Cash 144? C) ?Interest Expense 108Cash 108? D) ?Interest Expense 144Interest Payable 144

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If the average daily demand rate is 50 units per day and the lead time is 3 days, then the reorder point is ______.

A. 50/3 (i.e., about 17 units) B. 50 x 3 (i.e., 150 units) C. 503 (i.e., 125,000 units) D. 50 units

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Which of the following is not a goal in correspondence or presentations?

A) Inform. B) Build trust. C) Conclude. D) Instruct.

Business

Which organizational pattern uses the five Ws and an H (who, what, when, where, why, and how)?

A) Chronology B) Topic/function/conventional grouping C) Journalistic D) Best case/worst case

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