A programming ____, the primary tool of software engineers, provides commands for writing software that are translated to the detailed step-by-step instructions executed by the processor to achieve an objective or solve a problem.
A. patch
B. language
C. reality
D. tag set
Answer: B
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The following lettered items represent a classification scheme for a multistep income statement. In the blank next to each account, write the letter indicating to which category it belongs. a. Revenues d. General and administrative expenses b. Cost of goods sold e. Other revenues and expenses c. Selling expenses f. Not on income statement _____ 1. Interest Income _____ 6. Utilities Expense for
Store _____ 2. Accumulated Depreciation _____ 7. Interest Expense _____ 3. Sales Returns and Allowances _____ 8. Freight-Out Expense _____ 4. Inventories _____ 9. Office Salaries Expense for Headquarters _____ 5. Company President's Salary _____ 10. Interest Receivable Fill in the blank(s) with correct word
At December 31, 20x5, the book value per share of common stock of Camino Corporation amounted to $21 per share. Determine the effect of each of the following items on the book value per share of common stock computation assuming each item occurs after December 31, 20x5. Consider each item independently of the other items listed. Indicate your answer for each (I = increase, D = decrease, or NE =
no effect) in the appropriate blank. _____ 1. Sale of newly issued shares of common stock at $23 per share _____ 2. Purchase of treasury stock for $16 per share _____ 3. Declaration of current cash dividends on preferred stock _____ 4. Declaration and distribution of stock dividends on common stock _____ 5. Sale of treasury stock (purchased at $16 per share) for $19 per share _____ 6. Entry to close net income for the period to the Retained Earnings account _____ 7. Dividends in arrears on preferred stock _____ 8. Purchase of a truck with cash _____ 9. Payment of a previously declared and recorded cash dividend on common stock Fill in the blank(s) with correct word
Shareholders of Forest Glen Corporation have received $35,000 in dividends in the current year. At year end the corporation has total assets of $500,000, total liabilities equal to $300,000, and contributed capital totaling $100,000 . If retained earnings at the beginning of the year was $80,000, what was Forest Glen's net income for the current year?
a. $80,000 b. $215,000 c. $55,000 d. $10,000 e. $45,000
Which of the following is FALSE when offering guarantees and free trial offers in persuasive messages?
a. Guarantees and free trials convey a negative connotation that the purchase could be regretted or refused. b. The positive connotations of such messages are stronger than the negatives, since the seller has a definite plan for ensuring that buyers get value for money spent. c. If terms of a guarantee are long or complex, they can be included in an enclosure. d. The purpose of the guarantee or free trial is to deter the reader from personally checking the product and comparing it with competing items.