The ________ nature of the Internet has blurred the line between content creators and content consumers.
A. flexible
B. limited
C. centralized
D. interactive
E. creative
Answer: D
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The collection of elements or objects that possess the information sought by the researcher and about which inferences are to be made is a ________
A) population B) target population C) element D) census
Bag Ladies, Inc. manufactures two kinds of bags—totes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $24,500. Additional estimated information is given below.
Calculate the amount of overhead to be allocated to Totes. (Round any percentages to two decimal places and your final answer to the nearest dollar.)
A) $462
B) $333
C) $11,299
D) $13,202
A change from FIFO to LIFO in a period of rising prices will
a. decrease both the current ratio and the inventory turnover ratio. b. increase both the current ratio and the inventory turnover ratio. c. increase the current ratio and decrease the inventory turnover ratio. d. decrease the current ratio and increase the inventory turnover ratio.
The extent to which a firm adjusts net income for changes in noncurrent assets and noncurrent liabilities in deriving cash flow from operations depends on the nature of its operations. _____ usually show an addback for deferred tax expense, whereas firms that _____ show a subtraction
a. Rapidly growing firms; have operating losses b. Firms that have operating losses; are profitable c. Profitable firms; have operating losses d. Firms that stop growing or that shrink; rapidly growing firms e. Rapidly growing firms; stop growing or that shrink