On November 2, 2016, Quaint General Store concluded that a customer's $400 account receivable was uncollectible and that the account should be written off. What effect will this write-off have on Quaint's 2016 net income and balance sheet totals assuming the allowance method is used to account for bad debts?
a. Decrease in net income; decrease in total assets
b. Increase in net income; no effect on total assets
c. No effect on net income; decrease in total assets
d. No effect on net income; no effect on total assets
d
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All of the following are important components of a decision support system EXCEPT:
A) hardware and a communication network. B) model base. C) software base. D) data entry procedures. E) DSS user.
Explain the different segmentation variables used in segmenting consumer markets
What will be an ideal response?
Which of the following is a good predictor of success in jobs requiring social skills and leadership?
a. openness b. agreeableness c. emotionalism d. extroversion
Hill Top Products has run a regression analysis for utilities costs and the total production for the past six months. The regression analysis shows an R square (R2 ) of .86. Which of the following statements best describes the meaning of R2?
A) 86 percent of the company's total costs are utilities costs. B) 14 percent of the variation in utilities costs is explained by the increase or decrease in production. C) 86 percent of the variation in utilities costs is explained by the increase or decrease in production. D) 86 percent of the company's total costs are fixed costs and the remaining 14 percent are variable costs.