What will be an ideal response?
8,826
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If Cable Inc receives $23,825 from credit card collections and has an average rate of 4.7% charged by the credit card company, its credit card sales during the period were:
a. $111,978 b. $50,691 c. $25,000 d. $22,705
Which of the following is not a method of estimating the amount of bad debt expense at the end of the accounting period?
A) percent-of-receivables method B) percent-of-sales method C) direct write-off method D) aging-of-receivables method
Case 5-1Tonya teaches public speaking at a local college. Today she is covering the topic of "Managing Questions and Answers." Please answer the questions below. It is awkward to invite questions and not have any asked. When this happens, Tonya recommends that you ____.
A. Apologize and sit down in your seat B. Call on someone in the audience C. Ask a question yourself, saying "A question I am often asked is ..." D. Offer a prize to each person that asks a question
Warrants are not required in cyberspace
Indicate whether the statement is true or false