A primary user of accounting information with a direct financial interest in the business is a

a. regulatory agency.
b. creditor.
c. taxing authority.
d. labor union.


B

Business

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Oregon Company Adjusted Trial Balance For the Year ended December 31, 2016 Cash $ 6,030 Accounts Receivable 2,100 Prepaid Expenses 700 Equipment 13,700 Accumulated Depreciation $ 1,100 Accounts Payable 1,900 Notes Payable 4,200 Capital Stock 12,940 Dividends 790 Fees Earned 8,750 Wages Expense 2,500 Rent Expense 1,960 Utilities Expense 775 Depreciation Expense 250 Miscellaneous Expense 85 ______

Totals $28,890 $28,890 Determine the net income (loss) for the period. a. Net Loss $5,570 b. Net Income $3,180 c. Net Loss $790 d. Net Income $2,390

Business

A(n) ________ market share of exactly 100 percent means that a company is tied for the market lead. A rise in relative market share means the company is gaining on its leading competitor

A) overall B) served C) potential D) relative E) actual

Business

Which of the following would not be a basis for estimating the useful life of a piece of equipment?

A) Potential production in units B) Potential hours of service C) Historical cost D) Years of service

Business

______ expect social interactions with your company. Social media is still a part of their everyday lives and they frequently use social media to connect with companies, brands, and products.

a. Social Stars. b. Social Savvies. c. Social Snackers. d. Social Skippers. e. None of the above.

Business