A company that uses the perpetual inventory system purchased inventory for $900,000 on account with terms of 4/7, n/20. Which of the following correctly records the payment made 15 days after the date of invoice?
A)
Cash 900,000
Accounts Payable 900,000
B)
Accounts Payable 900,000
Merchandise Inventory 900,000
C)
Accounts Payable 900,000
Cash 900,000
D)
Accounts Payable 900,000
Merchandise Inventory 36,000
Cash 864,000
C
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The performance appraisal process always begins with the __________ in step one.
A. assessment B. job analysis C. measurement standards D. work process E. work documentation
Spartacus Inc., has sales of $4,500,000, net income of $250,000, assets worth $3,700,000, and total common stockholder equity of $2,500,000. The ROE for Spartacus is:
A) 5.56%. B) 6.76%. C) 10.00%. D) 55.56%.
Firms create _____ by offering limited access to certain areas of their private network to a selected group of stakeholders.
A. open systems B. expert systems C. firewalls D. extranets
Falsely accusing someone in public of having a serious, sexually-transmitted disease may be defamation per se
a. True b. False Indicate whether the statement is true or false