Which of the following is NOT an element of the communication process?
a. The person who speaks
b. The people who listen
c. Other people who might be referenced in the speech
d. The message
c. Other people who might be referenced in the speech
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A company using the percentage of sales method for estimating bad debts has sales of $350,000 and estimates that 1.0% of its sales are uncollectible. The unadjusted balance in Allowance for Doubtful Accounts is a $300 credit. The estimated amount of bad debts expense is $3,200
Answer the following statement true (T) or false (F)
Johnson, Inc has just ended the calendar year making a sale in the amount of $10,000 of merchandise purchased during the year at a total cost of $7,000
Although the firm paid in full for the merchandise during the year, it is yet to collect at year end from the customer. The net profit and cash flow from this sale for the year are ________. A) $3,000 and $10,000, respectively B) $3,000 and -$7,000, respectively C) $7,000 and -$3,000, respectively D) $3,000 and $7,000, respectively
MicroMedia Inc. $1,000 par value bonds are selling for $832. Which of the following statements is TRUE?
A) The bonds must have more than six years to maturity. B) The bonds are selling at a premium to the par value. C) The coupon rate is greater than the yield to maturity. D) None of the above is true.
The United States Constitution:
a. established the form of state governments b. gave the government certain powers c. granted freedom to all citizens d. granted Congress the power to impose income taxes e. all other choices are correct