When a dividend is declared and paid, the Dividends account is debited and Cash is credited
Indicate whether the statement is true or false
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If you have a great deal of detailed, specific information to present, the best visual to use would be a
A) table. B) pie chart. C) diagram. D) flow chart. E) bar chart.
In which of the following situations has a company most actively embraced customer-managed relationships?
A) American Airlines awards frequent flyer points to returning customers. B) Paige Premium Denim jeans provide superior quality and perfect fit. C) iRobot invites enthusiastic Roomba owners to develop and share their own uses for the company's robotic vacuum cleaner. D) Best Buy distinguishes between its best customers and its less profitable customers, stocking merchandise to appeal to each group. E) Toyota develops a marketing presence on social networks and other online communities.
What is predictive analytics?
A. A series of devices that connect directly to other devices. B. A world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention. C. The extraction of information from data used to predict future trends and identify behavioral patterns. D. Opportunities to change the way people purchase books.
A company has $90,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. Experience suggests that 4% of outstanding receivables are uncollectible. The current balance (before adjustments) in the allowance for doubtful accounts is an $800 credit. The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense for:
A. $3,632 B. $3,600 C. $4,400 D. $2,800 E. $3,568