Net profit margin measures the percentage of each sales dollar remaining after all costs and expenses, including interest, taxes, and common stock dividends, have been deducted
Indicate whether the statement is true or false
TRUE
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On September 12, Ryan Company sold merchandise in the amount of $9800 to Johnson Company, with credit terms of 3/10, n/30. The cost of the items sold is $6000. Ryan uses the periodic inventory system and the net method of accounting for sales. Johnson pays the invoice on September 18, and takes the appropriate discount. The journal entry that Ryan makes on September 18 is:
A.
| Cash | 9800? | |
| Accounts receivable | 9800? |
B.
| Cash | 9506? | |
| Accounts receivable | 9506? |
C.
| Cash | 5820? | |
| Sales discounts | 180? | |
| Accounts receivable | 6000? |
D.
| Cash | 9506? | |
| Sales discounts | 294? | |
| Accounts receivable | 9800? |
E.
| Cash | 6000? | |
| Accounts receivable | 6000? |
According to the path-goal theory, a leader who is __________ consults with subordinates about issues and takes their suggestions into account before making a decision.
Fill in the blank(s) with the appropriate word(s).
Nathan noticed that a company that has great potential just declared a ________ because its stock price was getting too high for the small investor to buy the stock
The company will substitute more shares for the existing shares of stock without increasing the market value of the firm. A) dividend yield B) stock repurchase C) claim on income D) stock split E) stock splice
What is the value of i after the following statements? i = 2; i--; i--;
a) 0 b) 1 c) -2 d) -4