When you are bearing in mind an audience member’s income, you are considering their ______ background.

Fill in the blank(s) with the appropriate word(s).


Ans: socioeconomic

Business

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Lamar Company has total current assets of $122,000 and total current liabilities of $57,000 . What is the amount of working capital for Lamar Company?

a. $ 57,000 b. $ 65,000 c. $ 122,000 d. $ 179,000

Business

Bad Debts Expense is a contra account that is used to reduce accounts receivable to its net realizable value

a. True b. False Indicate whether the statement is true or false

Business

Logan, Caden, and Olivia are three unrelated parties who claim the standard deduction. All are married and attend Citron University, and each pays tuition of $6,100. Of this payment, Logan can claim a deduction of $4,000; Caden a deduction of $2,000; and Olivia no deduction at all. Explain.

What will be an ideal response?

Business

The value of the coefficient of determination R2 ranges between

A) 0 and -1 B) -1 and +1 C) 0 and +1 D) - infinity and + infinity E) +1 and + infinity

Business