A $1,00 . bond, with interest at 9% on January 1 and July 1, was purchased on September 12 at 86 plus accrued interest. Compute the entire purchase cost of the bond. (Assume a 360-day year and a commission of $5 per bond.)
$883.25
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Cash dividends of $50,000 were declared during the year. Cash dividends payable were $10,000 and $5,000 at thebeginning and end of the year, respectively. The amount of cash for the payment of dividends during the year is
a. $55,000 b. $50,000 c. $65,000 d. $60,000
The financial statements of Mannassass Corporation for 2014 and 2015 contained the following errors: 2014 2015 Ending Inventory $14,000 overstated $20,000 understated Rent Expense $4,800 understated $6,600 overstated Assuming that none of the errors were detected or corrected, by what amount will 2014 operating income be overstated or understated?
a. $9,200 overstated b. $9,200 understated c. $18,800 understated d. $18,800 overstated
Peter Drucker, the father of modern management, believed that marketing ________.
A. is not the central dimension of the entire business B. is the business as seen from an internal point of view C. should be considered just as a "department" in an organization D. should be a separate function within the business E. is the whole business as seen from the customer's point of view
It is advisable to mark all e-mail messages "URGENT" as it guarantees that the recipients will respond immediately
Indicate whether the statement is true or false