The liquidity of a market is measured by all of the following except:
A) price transparency.
B) number of buyers and sellers in market.
C) volume of transactions.
D) size of transactions.
A
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A company purchased 200 units for $40 each on January 31. It purchased 165 units for $50 each on February 28. It sold 225 units for $65 each from March 1 through December 31. If the company uses the last-in, first-out inventory costing method, what is the amount of Cost of Goods Sold on the income statement for the year ending December 31? (Assume that the company uses a perpetual inventory system.)
A) $10,650 B) $8,250 C) $8,000 D) $16,250
Which statement is not correct? The general ledger master file
a. is based on the firm's chart of account b. contains a record for control accounts c. is an output of the Financial Reporting System (FRS) d. supplies information for management decision making
A research study showed that ______ percent of employees report that they have difficulty focusing on tasks at work because of stress.
A. 75 b. 44 C. 66 D. 54
Which of the following is considered an objective?
A. to hire the best people B. to increase revenue by 15 to 20 percent in each of the next five years C. to practice responsible financial management D. to deliver the best customer service E. to minimize waste