The mechanism that keeps track of the balances owed by individual customers is called a(n) _________________________
Fill in the blank(s) with correct word
subsidiary ledger
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In 2008, BlackBerry's market cap peaked at $75 billion. By 2017 this valuation had fallen more than 90 percent, to $3.9 billion. BlackBerry fell victim to two important PESTEL factors in its external environment: sociocultural and technological. How did technology contribute to BlackBerry's decline?
A. BlackBerry failed to adapt to a groundswell that involved workers bringing mobile devices to work. B. BlackBerry failed to produce an efficient emailing system using a keyboard. C. BlackBerry failed to offer strong security features for its device. D. BlackBerry failed to change its device into one that could perform multiple tasks effectively.
When using the indirect method to calculate and report net cash provided or used by operating activities, which of the following is subtracted from net income?
A. Decrease in merchandise inventory. B. Amortization of intangible assets. C. Decrease in income taxes payable. D. Bad debts expense. E. Depreciation expense.
Data on Mertz Co. for the most recent year are shown below, along with the payables deferral period (PDP) for the firms against which it benchmarks. The firm's new CFO believes that the company could delay payments enough to increase its PDP to the benchmarks' average. If this were done, by how much would payables increase? Use a 365-day year. Cost of goods sold =$75,000 Payables =$5,000 Payables deferral period (PDP) =24.33 Benchmark payables deferral period =30.00
A. $764 B. $849 C. $943 D. $1,048 E. $1,164
Based on GLOBE findings the U.S. is among the highest on:
a. power distance and tolerance ambiguity b. humane orientation and performance c. gender egalitarianism and individuality d. assertiveness and performance