When the credit card processor deposits the gross proceeds from credit and debit card sales ________
A) there will be no fee charged for the transaction
B) the deposit is made on the last day of the month
C) the total sales less the processing fee assessed equals the net amount of cash deposited
D) the processing fees are deducted from the company's bank account by the processor
D
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Which of the following examples is incorrect with regard to capitalizing after colons?
A. The final step is the most important: Evaluate the actual performance against setstandards B. The changes in law will affect two industries: Automobile and consumer electronics. C. The huge financial loss has been due to the negligence of two employees: Mark and Jane. D. The company identified the most important feature: quality.
A minor may ratify a contract after reaching the age of majority
a. True b. False Indicate whether the statement is true or false
________ may indicate a firm is experiencing stockouts and lost sales
A) Average payment period B) Inventory turnover ratio C) Average collection period D) Quick
The ________ feature permits the issuer to repurchase bonds at a stated price prior to maturity
A) call B) conversion C) put D) swap