Windward Corporation's books disclosed the following information for the year ended December 31 . 2014: Net credit sales ..................................... $1,500,000 Net cash sales ....................................... 240,000 Accounts Receivable at beginning of year ............. 200,000 Accounts Receivable at end of year ................... 400,000 Windward's accounts receivable turnover
is
a. 3.75 times.
b. 4.35 times.
c. 5.00 times.
d. 5.80 times.
C
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Which statement correctly describes the use of tables in reports?
A) Tables have more visual impact than graphs. B) The structure of a table makes comparison of numerical values more difficult. C) Tables are less interesting than narrative text. D) Readers can identify trends more easily from data in tables than from data in graphs. E) Tables can present numbers more efficiently than text.
The implied warranty of fitness for a particular purpose applies only to merchants.
Answer the following statement true (T) or false (F)
A 52 year old employee with 34 years on the job was downsized during a RIF. On a new performance scale prepared for the RIF, the one item at which she excelled was eliminated, and she scored badly, compared to a younger worker with less experience. The younger worker was retained. Earlier that same year, the supervisor of the 52 year old had rated her as "doing a great job.". She sued under the
ADEA. On a Motion for Summary Judgment, what should the court decide? a. for the employer, because the employee scored poorly on the performance scale b. for the employer, because the employee had not conclusively proven that she was terminated because of her age c. for the employee because she had proven age discrimination in her termination d. for the employee, because she had raised material questions of fact, so that summary judgment was reversed, and the case remanded for trial
Private mortgage insurance
A) is typically required when the down payment is less than 20 percent. B) is required on all home mortgages. C) is desireable low cost insurance against defective title. D) can not be cancelled during the entire term of the mortgage.