In the simplified letter format, commas follow both the salutation and the complimentary close

Indicate whether the statement is true or false.


Answer: False

Business

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Nebraska Inc issues 3,000 shares of common stock for $45,000 . The stock has a stated value of $10 per share. The journal entry to record the stock issuance would include a credit to Common Stock for

a. $30,000 b. $45,000 c. $15,000 d. $3,000

Business

Which of the following is used to measure leverage?

a. ratio of liabilities to stockholders' equity; b. current ratio; c. quick ratio; d. merchandise inventory turnover; e. accounts receivable turnover

Business

An employer can refuse to hire on the basis of an applicant's prior arrest and conviction record, if:

A. a lower court granted probation to the applicant at some point. B. the employer can show that such a policy is job related. C. a judicial appeal upheld a prior decision. D. the company prides itself on a perfect record by all employees.

Business

Many ____ attended the e-commerce seminar to learn strategies to maximize their online sales

A) CEOs' B) CEO's C) CEOs

Business