The greater the potential reward, ________.
A. the riskier the investment is likely to be
B. the more the investment is likely to cost
C. the less risky the investment is likely to be
D. the longer it will take to show a return
Answer: A
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Accounts receivable are shown on the balance sheet at their net realizable amount
a. True b. False Indicate whether the statement is true or false
Ambient noise such as a thunderstorm, music from the computer, or a TV show in the background fall under the category of ______ distractions.
a. medium b. source c. bias d. situational
JNR Products produces and sells plastic soda cups with specialized logos on the front. They sell the cups in batches of 500 for $125 per batch. The company has the capacity to produce 100 batches per month but averages much less. When 75 batches are sold a month, each batch has $40 worth of variable costs and $5 worth of fixed overhead costs allocated to it. The company has been approached by a
local fireman's association who wishes to purchase three batches of cups for $50 per batch. If the special order were accepted, net income would: A) increase by $10. B) decrease by $225. C) increase by $15. D) increase by $30.
The one year period for determining whether a contract is required to be in writing under the
Statute of Frauds is measured from the date that: A) Performance begins until it is actually completed. B) The contract is formed until its stated completion date. C) Performance begins until its stated completion date. D) The contract is formed until it is actually completed.