Which of the following accounts probably would need to be adjusted at year end?

a. Notes Payable
b. Land
c. Supplies
d. Dividends


C

Business

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Kirstin is thinking about opening a Chinese restaurant and needs to buy a rice cooker. Machine A has fixed costs of $100 and variable costs of $1/pound. Machine B has fixed costs of $500 and variable costs of $.1/pound

If Kirstin plans to sell 100 pounds of rice, which machine should she choose? What is the cross-over point?

Business

Why is the monthly payment rate an important measure to examine when considering investing in a credit card receivable-backed security?

What will be an ideal response?

Business

On August 19, 2004 Google IPO offered 19,605,052 shares at a price of U.S. $85 per share, which were sold in an online auction in a bid to make the shares more widely available

Which of the following statements best describes why these are considered a primary market transaction? A) The transaction was between the corporation and investors. B) Shares of Google from this time onward could be traded between investors on a stock exchange. C) The shares were the first to be privately issued by Google. D) Google was at the time a recently founded company seeking capital with which to expand.

Business

The principal accounting officer of a company is called a public accountant.

Answer the following statement true (T) or false (F)

Business