Suppose the taco stand manager could wake up a little earlier and borrow his buddy's full size pickup to transport tacos to campus. If time and capacity were not an issue, how many total tacos should he bring to campus each day?
A) 2500
B) 3000
C) 5041
D) 5500
Answer: C
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A company has 250,000 shares of common shares outstanding, total assets of $5,000,000, and total stockholders' equity $4,000,000 . The ratio of liabilities to stockholders' equity is
a. 0.0625 to 1; b. 0.20 to 1; c. 0.25 to 1; d. 1.25 to 1; e. cannot be determined from the information given.
Most governmental and nonprofit agencies issue requests for proposals, or RFPs
Indicate whether the statement is true or false
On October 1, Year 1, Jason Company paid $7,200 to lease office space for one year beginning immediately. What is the amount of rent expense that will be reported on the Year 1 income statement and what is the cash outflow for rent that would be reported on the Year 1 statement of cash flows?
A. $1,800; $7,200 B. $1,200; $7,200 C. $1,800; $1,800 D. $7,200; $7,200
A remittance advice is a(n):
A. Explanation for a payment by check. B. Electronic funds transfer. C. Bank statement. D. Cancelled check. E. Internal voucher.