A company that takes short term deposits and makes long term loans is a
A. a financial intermediary.
B. a brokerage.
C. an investment bank.
D. a secondary market maker.
Answer: A
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What is the practice in which cash receipts are misapplied to hide fictitious receivables called?
a. Bill-and-hold b. Channel stuffing c. Partial shipment d. Kiting
Once the amounts of the service department allocations have been determined, a journal entry should be prepared to record the distributions, the result of which is:
a. debit balances in the Factory Overhead accounts of the production departments for which the total agrees to the total amount of factory overhead incurred. b. credit balances in the Factory Overhead accounts of the production departments for which the total agrees to the total amount of factory overhead incurred. c. debit balances in the Factory Overhead accounts of the service departments for which the total agrees to the total amount of factory overhead incurred. d. credit balances in the Factory Overhead accounts of the service departments for which the total agrees to the total amount of factory overhead incurred.
In the FAB approach, attributes or facts relating to the product being sold or demonstrated are referred to as
A. sources. B. features. C. benefits. D. advantages. E. values.
Jackson Advertising Co. had assets of $475,000; liabilities of $275,500; and equity of $199,500. Calculate its debt ratio.
What will be an ideal response?