Danielle wasn't feeling ________ , so she performed ________ on the test
A) good/poor
B) well/poor
C) well/poorly
D) good/ poorly
Answer: C
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Campbell's Soup is making significant inroads into Japan's $500 million soup market as time-pressed homemakers place a premium on convenience. This type of consumer segmentation by Campbell's Soup is referred to as:
A) demographic. B) occupational. C) psychographic. D) benefit. E) behavioral.
Which of the following is included in comprehensive income?
A) gains and losses associated with derivative financial instruments that hedge future cash flows B) translation adjustments from converting foreign statements into U.S. dollars C) unrealized gains or losses associated with fair value of available-for-sale securities D) All of these answer choices are included in comprehensive income.
To calculate the present value of four annual installments of $1,000 at an 8% interest rate beginning on January 1, 2016 and payments due on December 31 of each year, one would use the present value of an ordinary annuity table
Indicate whether the statement is true or false
Wichita Industries' sales are 10% for cash and 90% on credit. Credit sales are collected as follows: 30% in the month of sale, 50% in the next month, and 20% in the second following month. Wichita Industries' had $12,000 from November sales and $42,000 from December sales. Assume that total sales for January and February are budgeted to be $50,000 and $100,000, respectively. What are the expected cash receipts for February from current and past sales?
A. $80,500. B. $71,500. C. $61,500. D. $59,500. E. $34,500.