Which of the following is decreased with a credit?
A. Liabilities
B. Assets
C. Net Income
D. Stockholders' Equity
Answer: B
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Which of the following variables is an example of a behavioral variable?
A) personality B) social class C) occasions D) occupation
Darius Foods Inc. and Winston Foods and Beverages Inc. are competitors selling frozen meals. Darius sells its products through a large number of local convenience stores, while Winston sells its frozen meals through delis. Which form of competition is seen between these two firms?
A. Indirect competition B. Intratype competition C. Scrambled merchandising D. Intertype competition E. Intrinsic competition
Which of the following is true regarding evaluating the language of your thesis statement?
a. It should be phrased diplomatically. b. It should inflame. c. It should be complex. d. You should use figurative language.
Assume an organization has total current assets of $300,000; total current liabilities of $75,000; inventories of $150,000; prepaid expenses of $25,000; net sales of $800,000; and beginning accounts receivable of $100,000 and ending accounts receivable of $74,000 . What is the current ratio for this organization?
a. 17.9 b. 3.0 c. $225,000 d. 4.0