James is a store manager at Fresco. His store is located in the traditional downtown financial business area in the city. In which of the following classifications of retail locations is James' store located?

A. Gentrified residential area
B. Semi-urban area
C. Inner city
D. Main street
E. Central business district


Answer: E

Business

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A company with 100,000 authorized shares of $4 par common stock issued 50,000 shares at $9 . Subsequently, the company declared a 2% stock dividend on a date when the market price was $10 a share. The effect of the declaration and issuance of the stock dividend is to

a. decrease retained earnings, increase common stock, and increase paid-in capital b. increase retained earnings, decrease common stock, and decrease paid-in capital c. increase retained earnings, decrease common stock, and increase paid-in capital d. decrease retained earnings, increase common stock, and decrease paid-in capital

Business

On July 31, Orwell Co. has $448,800 of accounts receivable. Required:1. Prepare journal entries to record the following selected August transactions. The company uses the perpetual inventory system. 2. Also prepare any footnotes to the August 31 financial statements that result from these transactions.3. Calculate the balance in the Accounts Receivable account as of August 10. Aug. 3Sold $250,000 of merchandise (that cost $122,000) to customers on credit.Aug. 5Sold $300,000 of accounts receivable to Cash Solutions. Cash Solutions charges a 7% factoring fee.Aug. 8Received $165,200 from customers in payment on their accounts.Aug. 9Borrowed $50,000 cash from State Bank, pledging $65,000 of accounts receivable as security for the loan. The note is a 90-day, 9% note.

What will be an ideal response?

Business

In the context of big data, ________ refers to the huge amount of data that is being generated and the speed with which it must be evaluated, captured, and made useful.

A. volume B. variety C. valence D. velocity

Business

A collection agency may personally contact the debtor even if the debtor has engaged a lawyer to represent him

Indicate whether the statement is true or false

Business