When the value of the U.S. dollar appreciates against another country's currency, we may purchase more of the foreign currency with the U.S. dollar.
Answer the following statement true (T) or false (F)
True
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Ratification may occur with respect to either an act of an agent who has exceeded the authority given or an act by someone who has not been appointed an agent at all.
Answer the following statement true (T) or false (F)
Which of the following will increase owner's equity?
A) Expenses > revenues B) the owner draws money for personal use C) Revenues > expenses D) Cash is received from customers on account.
Which statement best describes inductive reasoning?
a. It has little use in the interpretation of business research data. b. It may include non sequiturs and hasty generalizations. c. It moves from general concepts to specific facts. d. It moves from specific facts to generalizations.
Yvette Bradbury is an account representative at Commerce Savings Bank, earning $42,000 annually, paid semimonthly. She contributes 3 percent of her gross pay to her qualified 401(k) plan on a pre-tax basis and has a pre-tax medical premium of $120. What is her taxable income?
What will be an ideal response?