A frying pan has a list price of $24 and is offered at a 38% trade discount. What is the amount of the trade discount and the invoice price?
$9.12, $14.88
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Joint costs are commonly allocated based upon relative:
a. Sales value. b. Marketing costs. c. Conversion costs. d. Prime costs.
An ultimate requirement of listening for information is that the listener
a. is judgmental. b. takes copious notes. c. avoids focusing on nonverbal cues. d. is able to separate fact from fiction and humor from seriousness.
Preferred stockholders
a. often have rights over common stockholders to the assets of the corporation in the event of liquidation. b. usually have rights to dividends in arrears before dividends can be paid to common stockholders. c. Neither of these is correct. d. Both of these are correct.
Benny Ripoff is a con artist who offers investors great returns on their money. He funds early investors' returns by taking money from later investors and there is little or no legitimate revenue generating investments at all
Benny shows fraudulent statements that falsely report non-existent assets. This type of activity is called A) insider trading B) tipping C) insurance fraud D) aPonzi scheme E) a shotgun agreement