Newsweek, New York Times, and Journal of the American Medical Association are examples of this type of source
A) reference materials B) library databases C) books D) periodicals
D
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In terms of marketing, Chipotle:
A) relies almost entirely on social media, such as Facebook and specialty Mexican sites B) relies on advertising to inform consumers about the restaurant C) uses primarily alternative marketing methods D) relies more on word-of-mouth communication and an online presence than advertising
When merchandise is sold and the periodic system of inventory is used, the journal entry for a sale could include
a. debiting Accounts Receivable and crediting Sales; b. debiting Accounts Receivable and crediting Merchandise Inventory; c. debiting Cost of Goods Sold and crediting Merchandise Inventory; d. debiting Cost of Goods Sold and crediting Sales; e. A & C
Prepare a comparative common-size income statement for each company for the year ending December 31, 2019. Round to two decimal places. Use a multi-step format for the income statement.
Data for Martin Corp. and Tante, Inc. follow:
Cornelia's Closet has the following assets and liabilities for the dates given: October 1October 31 Cash$40,00060,000Accounts Receivable 40,00038,000Accounts Payable 6,000 ?Also, its net income, for October 1 through October 31 was $20,000 and there were no stock issuances or dividends. Determine the equity at both October 1 and October 31.
What will be an ideal response?