Rewrite the following negative message using positive words rather than negative ones: "Since you failed to send payment, we cannot ship your order."
What will be an ideal response?
Answer: By sending payment promptly, you can receive your order within 5 business days.
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Which of the conditions must be satisfied in order to justify the inference of a causal relationship between two variables?
i. Concomitant variation ii. Time order of occurrence of variables iii. Absence of other possible causal factors iv. Sterile measurement environment A) (i) B) (i), (iii) and (iv) C) (ii) and (iii) D) (i) and (iv) E) (i), (ii) and (iii)
A corporation declares a dividend of $0.50 per share on 18,000 shares of common stock. Which of the following is included in the entry to record the declaration?
A) Cash Dividends is debited for $9000. B) Paid-In Capital in Excess of Par—Common is credited for $9000. C) Cash Dividends is credited for $9000. D) Dividends Payable—Common is debited for $9000.
Which type of account is gross margin?
a. An income account b. An expense account c. An asset account d. None of the above
Which of the following is TRUE of comprehensive income?
A) All items included in comprehensive income enter into the determination of net income. B) Dividend payments are not included in the determination of comprehensive income, even though it results in a decrease in total stockholders' equity. C) Comprehensive income includes company changes in total stockholders' equity from all sources, including owners' investments. D) Comprehensive income cannot be combined with a traditional income statement into a combined statement of comprehensive income.