Closing entries may be prepared by referring solely to the Income Statement columns of the work sheet

Indicate whether the statement is true or false


F

Business

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One cannot talk and actively listen at the same time.

Answer the following statement true (T) or false (F)

Business

After World War II, business began to change in many long-lasting ways. Which of the following is least likely to have caused this shift?

A. Opening up of production capacity dominated for years by war production B. Advent of readily available mainframe computing capability C. Pent-up demand for consumer goods and services after the war D. Focus on sales orientation with the objective of achieving short-term profits E. Desperate need to regain a normalcy of day-to-day life after years of war

Business

he use of stand-up packages instead of rigid containers can reduce container weight by approximately?

a. 95% b. 75% c. 50% d. 25%

Business

A company borrowed $14,000 by signing a 180-day promissory note at 12%. The maturity value of the note is: (Use 360 days a year.)

A. $18,060.00 B. $16,870.00 C. $17,220.00 D. $18,480.00 E. $14,840.00

Business