Perception checks provide a good way to con?rm what you are thinking without always having to ask a question
Indicate whether this statement is true or false.
TRUE
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An investor purchased 500 shares of common stock, $25 par, for $21,750 . Subsequently, 100 shares were sold for $49.50 per share. What is the amount of gain or loss on the sale?
a. $12,750 gain b. $600 gain c. $600 loss d. $9,250 loss
T-accounts
a. summarize the effects of transactions on specific accounts. b. show all the accounts affected by a single event or transaction. c. provide a record of transactions. d. all of the above e. none of the above
Which sentence is correct?? A) ?Because our manager has went to the spring conference, every one of us secretaries has had to work extra hours
B) ?It's not unusual for the company to have gave the extra work to us, but it should pay its employees for the extra work. C) To send a clear message to management, we have chosen to write a memo explaining our concern.
The illegal buying and selling of products outside of sanctioned channels is referred to as the
A. white market. B. gray market. C. blue market. D. black market. E. red market.