No questionnaire is complete without directions plus a name and return address
Indicate whether the statement is true or false
True
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The accountant for Rogan Corp was preparing a bank reconciliation as of February 28, 2014 . The following items were identified: Rogan's book balance $15,000 Outstanding checks 2,500 Service charge 15 Customer's NSF check returned by the bank 100 What amount will Rogan report as its adjusted cash balance at February 28, 2014?
a. $12,385 b. $12,500 c. $14,885 d. $17,385
Explain market development growth strategy as an approach for targeting growth
What will be an ideal response?
Cameo Inc, a local company specializing in home repairs, is considering replacing its older van with a new and larger one. The estimated cost of the new van will be $45,000. Using a discount rate of 16%, the company calculates a net present value for the new van of $(7,000). Based on this information, which of the following statements is true?
A) The actual rate of return on the new van is negative. B) If the company purchases the van, they are guaranteed a rate of return of 16%. C) Using a higher discount rate should cause the net present value to become positive. D) If the actual cost of the new van ends up being less than $38,000, the net present value will become positive.
The final step of the strategic training and development process involves ________.
A. choosing strategic training and development initiatives B. identifying measures or metrics C. identifying the business strategy D. creating concrete training and development activities