The best evaluators are ______.
a. mystery shoppers
b. trained managers
c. the guests
d. observant servers
c. the guests
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At the beginning of 2019, Statewide Delivery Company has the following account balances:
Accounts Receivable $44,000 (debit balance) Allowance for Bad Debts $8000 (credit balance) Bad Debts Expense $0 During the year, credit sales amounted to $800,000. Cash collected on credit sales amounted to $780,000, and $16,000 has been written off. At the end of the year, the company adjusted for bad debts expense using the percent-of-sales method and applied a rate, based on past history, of 3.5%. The ending balance of Accounts Receivable is ________. A) $44,000 B) $48,000 C) $56,840 D) $16,000
Which of the following categories of investments can be debt but not equity securities?
A) Trading securities B) Held-to-maturity securities C) Available-for-sale securities D) Both trading and available-for-sale securities
The environment in which communication occurs ______.
A. is not always important B. clearly has an effect C. can be marginalized away D. is of primary importance to managers
Scubapro Corporation currently has 500,000 shares of common stock outstanding and plans to issue 200,000 more shares in a seasoned equity offering. The current shareholders have preemptive rights on any new issues of common stock by Scubapro Corporation. How many shares would an investor who currently has 20,000 shares, have the right to buy if she exercises her preemptive right?
A. 200,000 shares B. 120,000 shares C. 20,000 shares D. 12,000 shares E. 8,000 shares