In the accounting cycle, the last step is
A) preparing the financial statements
B) journalizing and posting the adjusting entries
C) preparing a post-closing trial balance
D) journalizing and posting the closing entries
C
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Chaney Inc wants to measure the relationship between profitability and the investment made by stockholders. Chaney should use the
A) return on common stockholders' equity ratio. B) earnings per share. C) return on sales ratio. D) statement of retained earnings.
The Occupational Safety and Health Administration (OSHA) has proposed rules aimed at reducing repetitive-stress injuries. ATC, Inc disagrees with the proposed rules. If ATC, Inc wants to challenge the proposed rules, it must do so in court before the rules become final
a. True b. False Indicate whether the statement is true or false
The difference between the expected rate of return on a given risky asset and the expected rate of return on a less risky asset is known as the _____.
A. standard deviation of returns B. variance of returns C. actual rate of return D. risk premium E. risk-adjusted return
In the context of marketing strategies,differentiate between consumer markets and business markets.
What will be an ideal response?