Even if a corporation does no business in Delaware, it can obtain the benefits of Delaware corporation law by incorporating in Delaware

Indicate whether the statement is true or false


TRUE

Business

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Oakton Furniture provided the following information relevant to its sales for December Year 1 and the first quarter of Year 2 Dec. Year 1Jan. Year 2Feb. Year 2Mar. Year 2 (Actual)(Budgeted)(Budgeted)(Budgeted)Credit sales$120,000 $280,000 $310,000 $220,000 Cash Sales$20,000 $50,000 $60,000 $24,000  Based on the company's collection history, 42% of credit sales are collected in month of sale and the remainder is collected in the following month. Cash collections in January from December credit sales would be:

A. $69,600. B. $84,000. C. $72,000. D. $81,200.

Business

Which of the following does not represent a sale?

a. Merchandise placed aside for a customer who plans to come in next week and pay with cash b. Purchase of merchandise by a customer who pays cash c. Sale of merchandise to a customer who uses a credit card d. Purchase of merchandise by a customer who uses a debit card

Business

All the following are benefits of diversity training, EXCEPT ______.

a. minimizing differences b. viewing people as individuals c. realizing that diversity improves teamwork d. breaking down negative stereotypes

Business

Voice transmitted digitally at 64 kbps

a. is sampled 8000 times per second b. uses 8 bits per sample c. sounds almost identical to the original signal when converted back to analog form d. all of the above

Business