Leverage measures indicate the extent to which a company is being financed by debt and the ability of the company to meet its debt obligations
Indicate whether the statement is true or false
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The Petty Cash cashier reported the following Petty Cash receipts: office supplies, $30.00; store supplies, $19.00; and cash left in the petty cash box, $.50 . The Petty Cash account has a $50.00 balance. The entry to replenish the Petty Cash is:
a. office supplies, debit $30.00; Store Supplies, debit $19.00; and Petty Cash, credit $49.50 b. Petty Cash, debit $49.50; Cash, credit $49.50 c. office supplies, debit $30.00; Store Supplies, debit $19.00; and Cash, credit $49.00 d. Petty Cash, debit $50.50; Cash, credit $50.50 e. office supplies, debit $30.00; Store Supplies, debit $19.00; Cash Short and Over, debit $.50; Cash, credit $49.50
List the various types of digital media and technologies that are available for the marketer to use in reaching consumers.
What will be an ideal response?
Salary is a set amount of pay for a specified period regardless of the hours worked. ? Wages are earnings for routine or manual work that are based on the number of hours worked
Indicate whether the statement is true or false
BC Training reports sales revenue of $2,200,000. Average inventory during the year was $200,000. The inventory turnover ratio for the year is 8.0. What amount of gross profit would the company report in its income statement?
What will be an ideal response?