A __________ is everything, both favorable and unfavorable, that a person receives in an exchange

Fill in the blank(s) with the appropriate word(s).


Ans: product

Business

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The following information was obtained from the Warrior Corporation's financial statements for the year ending December 31, 2018:Bonds with a maturity value of $600,000 were issued for cash. 

The premium on bonds payable account increased $12,500 during the year.  Bond interest expense was $30,500.    There was $500 of amortization of premium on newly issued bonds payable.  Retained earnings increased $119,300 during the year.  A 5% common stock dividend resulted in 5,000 shares of $5 par value common stock being issued at a time when the market price per share was $17.  Common stock was sold in exchange for cash.  The common stock account increased $70,000 during the year.  The additional paid-in capital account increased $210,000 during the year.  Net income for the year was $217,400.  Required:Determine the cash flow from financing activities for the year ending December 31, 2018. What will be an ideal response?

Business

The master budget contains the following components, among others: (1) direct-material budget, (2) budgeted balance sheet, (3) production budget, and (4) cash budget. Which of these components would be prepared first and which would be prepared last? FirstLastA.14B.12C.34D.32E.41

A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E

Business

Which of the following would occur if a company increases its variable cost per unit?  Contribution MarginBreak-even PointA.IncreaseIncreaseB.IncreaseDecreaseC.DecreaseIncreaseD.DecreaseDecreaseE.IncreaseNo effect

A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E

Business

________ is a technique used to detect favorable and unfavorable opinions toward specific products and services using large numbers of textual data sources

Fill in the blanks with correct word

Business