Unconscionability is an illegality defense
Indicate whether the statement is true or false
True
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The last step in the accounting cycle is to
a. complete the work sheet. b. journalize and post the closing entries. c. prepare financial statements. d. prepare a post-closing trial balance.
A debt to equity ratio of 0.5 means that one-third of a company's total assets are financed by creditors
Indicate whether the statement is true or false
An example of an intangible resource is_________.
a. Jantix Corporation has a reputation of having high quality customer service. b. Jantix has a large and easily accessible inventory of products. c. Jantix owns the largest production facility in Montana. d. Jantix employs the second largest number of employees in Montana.
Because they do not have aisles of unrelated products, off-price retailers can also offer a more intimate and intuitive shopping experience.
Answer the following statement true (T) or false (F)