Very large retail stores that carry not only foods but all goods and services that consumers purchase routinely are called
A. mass-merchandisers.
B. supermarkets.
C. general stores.
D. supercenters.
E. department stores.
Answer: D
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On January 1, 2018, the Regal Company purchased 30% of the outstanding voting stock of the Air Corporation for $300,000; the book value of Air's net assets at the date of purchase was $900,000. Regal was willing to pay more than the book value of the acquired shares because Air's depreciable assets with a ten-year remaining life were undervalued. Regal uses straight-line depreciation. During 2018, Air reported net income of $75,000 and paid dividends of $30,000.The income reported by Regal during 2018 pertaining to the Air investment was
A. $19,500 B. $31,500 C. $22,500 D. $ 9,000
Raul has been caring for his niece who has become very ill, but who may recover under the right conditions. Raul has been offering social support to his niece. How will Raul’s support affect the situation?
A. his niece’s health will deteriorate B. there is no health effect C. his niece’s health can be enhanced D. only Raul can benefit
The association technique requires the respondent to construct a response in the form of a story, dialogue, or description
Indicate whether the statement is true or false
The risk of a company not being able to pay its liabilities increases sharply when times interest earned falls below 1.5 to 2.0 and remains at that level or lower for several time periods.
Answer the following statement true (T) or false (F)