Most application software is used by ____
a. end users
b. programmers
c. engineers
d. administrators
a
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Net credit sales is always shown as a separate line item on the income statement
Indicate whether the statement is true or false
Which of the following statements is true of an elevator pitch?
A. It does not sound like a sales pitch. B. Its goal is to sell the idea of a business to another. C. It is a summary of the business, its business models, and immediate goals. D. It is shorter than a vision statement or tagline.
After the terrorist attacks of September 11, 2001, President George W. Bush created the cabinet-level department of:
A) U.S. Department of Homeland Security. B) U.S. Department of Justice. C) U.S. Department of Anti-Terrorism. D) U.S. Department of Defense.
On December 31, Year 1, Allen Company's total current assets were $600,000 and its total current liabilities were $380,000. On January 1, Year 2, Allen paid $20,000 on accounts payable.Required:(a) Compute Allen's working capital before and after paying the account payable.(b) Compute Allen's current ratio before and after paying the account payable. Round your answer to two decimal places.
What will be an ideal response?