The Casan Company purchased a delivery van for $100,000 in cash. What is the effect on current assets?
a. Increase in current assets
b. Decrease in current assets
c. No effect on current assets
d. Unable to determine
b
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The ______________________________ analysis or study is performed before an effectiveness analysis because the data are relatively easy to obtain and are more objective than the data on effectiveness
Fill in the blank(s) with correct word
Which of the following statements is TRUE?
A) Accounts receivable are more liquid than cash. B) Notes receivable are always classified as current assets. C) Notes receivable usually have longer collection terms than accounts receivable. D) Accounts receivable are liabilities.
The par value of the common stock represents the
a. amount entered into the corporation's Common Stock account when a share is issued. b. liquidation value of the stock. c. market value of a share of stock. d. amount the corporation received when the stock was issued.
The Internet is transferring power from suppliers to customers, especially in consumer markets
Indicate whether the statement is true or false