Zebra Company overstated its December 31, 2016 inventory by $5,200 . Which statement is true concerning Zebra's financial statement amounts for 2016?
a. The current ratio is overstated.
b. Cost of goods sold is overstated.
c. Working capital is understated.
d. Net income is understated.
a
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Describe the role of a trustee in bankruptcy proceedings.
What will be an ideal response?
Jessica sells exercise equipment to health clubs and similar facilities. During a sales call, her prospect says, "Our clients are quite happy with the results they are getting from the use of our current equipment." This is an example of a ________ objection.
A. stalling B. dodging C. process D. hidden E. product
The ________ manager is in a good position to supply "competitive intelligence"-information on what competitors are doing.
A. middle B. financial C. functional D. human resources
Which of the following could use a Division 2 Proposal?
A) a corporation that owes more than $5 million will have a meeting with all its creditors and the Trustee B) an individual wants to avoid bankruptcy and owes $90,000 C) a corporation wants to restructure its $500,000 debt to avoid bankruptcy D) creditors will vote to decide if a corporation should be forced into bankruptcy E) an individual who owes $300,000 will present a plan to creditors who will vote on it to determine if they person is forced into bankruptcy