A stock with a beta that is less than 1.0 or even a negative beta is called a defensive stock
a. True
b. False
a
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Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2,000 uncollectible account of its customer, A. Hopkins. On July 10, Gideon received a check for the full amount of $2,000 from Hopkins. On July 10, the entry or entries Gideon makes to record the recovery of the bad debt is:
A.
| Accounts Receivable-A. Hopkins | 2,000 | |
| Allowance for Doubtful Accounts | 2,000 | |
| Cash | 2,000 | |
| Accounts Receivable-A. Hopkins | 2,000 |
B.
| Accounts Receivable-A. Hopkins | 2,000 | |
| Bad debts expense | 2,000 | |
| Cash | 2,000 | |
| Accounts Receivable-A. Hopkins | 2,000 |
C.
| Allowance for Doubtful Accounts | 2,000 | |
| Accounts Receivable-A. Hopkinse | 2,000 | |
| Accounts Receivable-A. Hopkins | 2,000 | |
| Cash | 2,000 |
D.
| Cash | 2,000 | |
| Accounts Receivable-A. Hopkins | 2,000 |
E.
| Cash | 2,000 | |
| Bad debts expense | 2,000 |
In the case of the United States, intrafirm trade accounts for ______ percent of exports of goods.
A. 10 to 15 B. 15 to 25 C. 45 to 60 D. over 60 E. 30 to 40
All of the following have launched trials of Buy buttons except:
A) Facebook. B) Pinterest. C) Twitter. D) Tumblr.
Materials are added at the beginning of a process in a process costing system. The beginning Work-in-Process Inventory was 30% complete as to conversion costs. Using first-in, first-out (FIFO) process costing, the total equivalent units for materials are:
A. units started this period in this process plus 70% of the beginning inventory this period. B. beginning inventory this period for this process. C. units started this period in this process. D. units started this period in this process plus the beginning inventory.