All other things the same, when a customer purchases an item for cash, the accounts receivable turnover ratio increases.
Answer the following statement true (T) or false (F)
False
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Digistore, Inc, had 400,000 shares of $20 par common stock and 40,000 shares of $100 par, 6% cumulative, convertible preferred stock outstanding for the entire year ended December 31 . 2014 . Each share of the preferred stock is convertible into 5 shares of common stock. Digistore's net income for 2014 was $1,680,000 . For the year ended December 31 . 2014, the diluted earnings per share is
a. $2.40. b. $2.80. c. $3.60. d. $4.20.
Which of the following statements is true about joint tenancy?
A) All the co-owners own equal shares of the property. B) Upon the death of the tenant, his or her heirs receive the property interest. C) An owner may not sell his or her shares in the interest without the consent of the other owners. D) Owners' interest in the property cannot be attached by creditors.
________ is the fundamental rethinking and radical redesign of business procedures to achieve dramatic improvements in cost, quality, service, and speed.
A. Product research B. Flexible manufacturing C. Total quality management D. Process reengineering E. Product redesign
What allows web browsers and servers to send and receive web pages?
A. File transfer protocol (FTP) B. Simple mail transfer protocol (SMTP) C. Hypertext transfer protocol (HTTP) D. Simple network management protocol (SNMP)