Parron Company sets price equal to cost plus 60%. Recently, Parron charged a customer a price of $42 for an item. What was the cost of the item to Parron?
A) $26.25
B) $42
C) $25.20
D) $67.20
E) $40.32
A
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Infomercials are
A. a part of specialty advertising. B. those ads that appear only in print media. C. always televised during off-viewing hours. D. ads that use both one- and two-step approaches. E. primarily designed to sell products that are classified as trends.
Decision making and problem solving are not related
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Generally speaking, the higher the risk of a security, the lower its rate of return. 2. The rate of return on a security is the dollar value of the interest earned (or dividends received) divided by the book value of the security. 3. People who want liquidity should invest in stable investments such as blue-chips. 4. People who want liquidity should invest in speculative investments such as nuclear medicine. 5. Many government securities are tax-free and have a slightly lower rate of return than fully taxable investments.
Match the following definitions and terms.
A. Debit B. Credit C. Double-entry accounting D. Trial balance E. T-account F. Journal G. Source documents H. Ledger I. Posting J. Account