In the United States, people born between the years ________ are called baby boomers
A) 1978 and 2002
B) 1946 and 1964
C) 1925 and 1945
D) 1965 and 1985
E) 1920 and 1940
B
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Accumulated Depreciation and Service Fees Earned would be sorted to which respective columns in completing a work sheet?
A. Balance Sheet and Statement of Retained Earnings-Credit and Income Statement-Credit. B. Income Statement-Debit and Income Statement-Credit. C. Balance Sheet and Statement of Retained Earnings-Debit and Income Statement-Debit. D. Balance Sheet and Statement of Retained Earnings-Debit and Balance Sheet and Statement of Retained Earnings-Credit. E. Balance Sheet and Statement of Retained Earnings-Debit; and Income Statement-Credit.
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Indicate whether the statement is true or false
A fast-food chain is redesigning its restaurants. One of the main questions faced by the chain's management is, "Should the new restaurant design include a salad bar?" A researcher in the company finds that salad bars are costly to maintain and are not a major attraction for consumers. Based on this information, management decides that it will not have a salad bar as part of the new restaurant design. Which of the following points is illustrated by this situation?
A. Secondary data from sources outside the company are always better than secondary data from sources inside the company. B. Collecting primary data is always necessary in order to make good decisions. C. Situation analysis sometimes eliminates the need for conducting further research in a problem area. D. Secondary data from private sources are always better than secondary data from government sources. E. Situation analysis is very costly in terms of both time and money.
Investing activities do not include the:
A. Issuance of common stock. B. Purchase of plant assets. C. Sale of short-term investments other than cash equivalents. D. Lending and collecting on notes receivable. E. Sale of plant assets.