It is often easy to find “opposite” or “polarized” words when describing someone or some situation (e.g., we are either happy or sad). Please explain why those words in the middle are much more difficult to identify.
What will be an ideal response?
It is harder to find words that express all possibilities, not just the extremes. Because polarizing leaves out the middle ground, it does not reflect reality and causes us to perceive gulfs where none really exist.
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Distinguish between legal and employee rights.
What will be an ideal response?
Ervin Company began the accounting period with $64,000 in accounts receivable. The ending balance in accounts receivable was $40,000. If the credit sales during the period were $588,000, what is the amount of cash received from customers?
A. $548,000 B. $612,000 C. $24,000 D. $564,000
Any measure imposed by a government to favor domestic products over foreign products not involving taxes is a(n)
A. import duty. B. nonmonetary restriction. C. embargo. D. restriction of trade. E. nontariff barrier.
Which of the following statements is CORRECT?
A. If you have a series of cash flows, each of which is positive, you can solve for I, where the solution value of I causes the PV of the cash flows will be more than the cash flow at Time 0. B. If you have a series of cash flows, and CF0 is negative but each of the following CFs is positive, you can solve for I, but only if the sum of the undiscounted cash flows exceeds the cost. C. To solve for I, one must identify the value of I that causes the PV of the positive CFs to equal the absolute value of the PV of the negative CFs. This is, essentially, a trial-and-error procedure that is easy with a computer or financial calculator but quite difficult otherwise. D. If you solve for I and get a negative number, then you must have made a mistake. E. If CF0 is positive and all the other CFs are negative, then you cannot solve for I.