Beth was injured at work and is eligible to receive workers compensation benefits. All of the following benefits are provided under workers compensation EXCEPT
A) disability income.
B) retirement benefits for dependents.
C) rehabilitation benefits.
D) medical care.
Answer: B
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What happens during the sales decline stage?
A. Sales promotion is primarily targeted at intermediaries to get them interested in selling the product. B. The total amount spent on promotion usually decreases as firms try to cut costs to remain profitable. C. Firms do not need targeted promotion to reach customers. D. Personal selling will probably dominate the promotion blends of consumer products firms. E. Promotion emphasis shifts from stimulating selective demand to building primary demand.
During the current accounting period, revenue from credit sales is $536,800. The Accounts Receivable balance is $41,184 at the beginning of the period and $41,760 at the end of the period. Which of the following statements is correct?
A. The receivables turnover ratio is 28.3. B. On average, the company sells its inventory every 28.3 days. C. The receivables turnover ratio is 12.9. D. On average, it takes 12.9 days to collect payment from credit customers.
The variance of a binomial distribution for which n = 75 and = 0.20 is:
a. 375. b. 75. c. 15. d. 12.
Emerald Co. owned equipment with a book value of $72,000 that was sold during this accounting period for $18,300 in cash, and purchased new equipment for cash of $88,800. Emerald Co. would record a debit of:
A. $88,800 and a credit of $53,700 to the cash account for a net cash inflow of $35,100. B. $18,300 and a credit of $88,800 to the cash account for a net cash outflow of $70,500. C. $53,700 and a credit of $88,800 to the cash account for a net cash outflow of $35,100. D. $88,800 and a credit of $18,300 to the cash account for a net cash inflow of $70,500.