Most business letters and memos are prepared with
a. justified left and right margins.
b. justified left margin and ragged right margin.
c. ragged left margin and justified right margin.
d. ragged left and right margins.
B
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The Department of Commerce maintains a Commodity Control List that states what goods are restricted in sales to other nations
a. True b. False Indicate whether the statement is true or false
Which of the following is an example of a social media application?
A) Facebook B) MS Office C) TurboTax D) Encyclopedia Britannica
Riley Company borrowed $40,000 on April 1, Year 1 from Titan Bank. The note issued by Riley carried a one-year term and a 7% annual interest rate. Riley earned cash revenues of $1060 during Year 1 and $1500 during Year 2. Assume no other transactions.Based on this information alone, what amount of cash flow from operating activities would appear on the Year 2 statement of cash flows?
A. $1500 inflow. B. $40,800 outflow. C. $1300 outflow. D. $800 inflow.
Which of the following would be correct if a company factored $2,500,000 of receivables with a 2 percent fee?
A. $2,450,000 credit to cash B. $50,000 debit to factoring fee expense C. $2,500,000 debit to accounts receivable. D. $50,000 debit to factoring fee receivable.