______ reading requires that you write a text in full and deliver it word for word, but you need not commit the text to memory.
Fill in the blank(s) with the appropriate word(s).
Ans: Manuscript
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Avia Company sells a product for $120 per unit. Variable costs are $80 per unit, and fixed costs are $1200 per month. The company expects to sell 670 units in September. The unit contribution margin is ________.
A) $40 per unit B) $80 per unit C) $200 per unit D) $120 per unit
Without a time-phased budget a good project schedule and cost control are impossible.
Answer the following statement true (T) or false (F)
A communicator who intends to deceive when writing a bad-news message is displaying ____________________ behavior
Fill in the blank(s) with correct word
Financial statements for Maraby Corporation appear below:Maraby CorporationBalance SheetDecember 31, Year 2 and Year 1(dollars in thousands) Year 2Year 1Current assets: Cash and marketable securities$220 $190 Accounts receivable, net 190 160 Inventory 140 150 Prepaid expenses 70 80 Total current assets 620 580 Noncurrent assets: Plant & equipment, net 1,180 1,150 Total assets$ 1,800 $ 1,730 Current liabilities: Accounts payable$100 $120 Accrued liabilities 100 70 Notes payable, short term 160 160 Total current liabilities 360 350 Noncurrent liabilities: Bonds payable 450 500 Total liabilities 810 850 Stockholders' equity:
Common stock, $5 par 160 160 Additional paid-in capital 200 200 Retained earnings 630 520 Total stockholders' equity 990 880 Total liabilities & stockholders' equity$ 1,800 $ 1,730 Maraby CorporationIncome StatementFor the Year Ended December 31, Year 2(dollars in thousands)Sales (all on account)$1,960 Cost of goods sold 1,370 Gross margin 590 Selling and administrative expense 230 Net operating income 360 Interest expense 50 Net income before taxes 310 Income taxes (30%) 93 Net income$ 217 Maraby Corporation's accounts receivable turnover for Year 2 was closest to: A. 13.5 B. 11.2 C. 9.4 D. 7.8