The federal agency that presides over marketing communications is the Federal Communications Commission (FCC)
Indicate whether the statement is true or false
FALSE
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A major revision task involves assessing the clarity of your message to ensure that it is easily understood. Describe three techniques that can add clarity to your writing
When observing business processes, it is not necessary to observe all the processes at the same level of detail
a. True b. False Indicate whether the statement is true or false
Surf Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net income of $50,000. The equipment will have an initial cost of $600,000 and have an 8-year life. The equipment has no salvage value. The hurdle rate is 10%. Ignore income taxes. Answer the following:a. What is the accounting rate of return?b. What is the payback period?c. What is the net present value?d. What would the net present value be with a 15% hurdle rate?e. Based on the NPV calculations, in what range would the equipment's internal rate of return fall?
What will be an ideal response?
Following are transactions of Gotebo Tanners, Inc., a new company, during the month of January: 1. Issued 10,000 shares of common stock for $15,000 cash. 2. Purchased land for $12,000, signing a note payable for the full amount. 3. Purchased office equipment for $1,200 cash. 4. Received cash of $14,000 for services provided to customers during the month. 5. Purchased $300 of office supplies on account. 6. Paid employees $10,000 for their first month's salaries. What was the balance of Gotebo's Cash account following these six transactions?
a. $29,800. b. $19,300. c. $17,800. d. $22,400.