When is a delivery considered to be complete in a shipment contract?

A) when the buyer receives the shipment
B) when the seller hands over the shipment to the carrier
C) when the shipment reaches the destination that the buyer specified
D) when the seller notifies the buyer of the shipment in transit


B

Business

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You are a potential stockholder and are concerned that a particular company you are ready to invest in might have too much debt. Which financial statement would provide you information needed in order to evaluate your concern?

a. Income statement b. Balance sheet c. Statement of retained earnings d. Statement of public accounting

Business

On September 15, SkateWorld borrowed $70,000 cash from Mutual Bank by signing a 6%, 60-day note payable. a. Prepare SkateWorld's journal entry to record the issuance of the note payable.b. Prepare SkateWorld's journal entry to record the payment of the note at maturity.

What will be an ideal response?

Business

Those leaders who have no official authority, but do have the ability to influence others are:

a. formal leaders. b. authoritarian leaders. c. participatory leaders. d. informal leaders.

Business

How do the two main types of technology relate to organizations day to day operation?

What will be an ideal response?

Business