A "draft drawn on a bank and payable on demand" is a:

a. promissory note b. note
c. certificate of deposit d. deposit slip
e. none of the other choices are correct


e

Business

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When a nation achieves autarky equilibrium,

a. input price equals final product price. b. labor productivity equals the wage rate. c. imports equal exports. d. production equals consumption.

Business

Exhibit 16-1 The Zeller Corporation's stockholders' equity accounts have the following balances as of December 31, 2016: Common stock, $10 par (30,000 shares issued and outstanding) $ 300,000 Additional paid-in capital 2,000,000 Retained earnings 5,700,000 Total stockholders' equity $8,000,000 ? Refer to Exhibit 16-1. On January 2, 2017, the board of directors of Zeller declared a 5% stock

dividend to be distributed on January 31, 2017. The market price per share of Zeller's common stock was $30 on January 2 and $32 on January 31. As a result of this stock dividend, the retained earnings account should be decreased by A) zero; only a memorandum entry is required. B) $15,000. C) $45,000. D) $48,000.

Business

In computing the accounting rate of return, the ____ level of investment should be used as the denominator

a. average b. initial c. residual d. cumulative

Business

Which of the following generates emotional requests that link the target person's hopes, ideals, values, and desires?

A) inspirational appeal B) rational persuasion C) consultation D) collaboration

Business