Research conducted by HubSpot on social media presence universally suggests that it is "a must" for firms to have a presence on which social media platform?
A. Pinterest
B. Twitter
C. Instagram
D. LinkedIn
E. Facebook
Answer: E
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On December 31, Strike Company has decided to sell one of its batting cages. The initial cost of the equipment was $215,000 with an accumulated depreciation of $185,000. Depreciation has been taken up to the end of the year. Strike found a company that is willing to buy the equipment for $55,000. What is the amount of the gain or loss on this transaction?
A) Cannot be determined B) No gain or loss C) Gain of $25,000 D) Gain of $55,000
Difficulty in adjusting inventory values to reflect style changes is a problem associated with _____
a. the cost method of accounting b. the retail method of accounting c. FIFO d. LIFO
Shareholders are responsible for determining how much will be paid in dividends
Indicate whether the statement is true or false
Orange Computer Corporation sells Pad-brand MP3 players to Quik Discount Stores and other retailers. Orange will have an insurable interest in the players as long as
A. Orange remains in business. B. Orange retains title to the goods. C. the goods are in existence. D. there is no risk of loss.