A firm's average monthly sales are $250,000 . If December's sales are $445,000, its monthly sales index is _____

a. .51
b. 2.10
c. 48
d. 178


d

Business

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A customer payment of $247 was correctly posted in the general ledger but was recorded as $274 in the customer's account receivable. Describe a specific internal control procedure that would detect this error

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A frequency distribution for a variable produces ________

A) a table of frequency counts B) percentages C) cumulative percentages D) A and B E) A, B, and C

Business

Failure to make interest payments on debt can force a company into bankruptcy

Indicate whether the statement is true or false

Business

In 2013 . Pauley Company paid $1,000,000 to purchase land containing a total estimated 160,000 tons of extractable mineral deposits. The estimated value of the property after the mineral has been removed is $200,000 . Extraction activities began in 2014, and by the end of the year, 20,000 tons had been recovered and sold. In 2015, geological studies indicated that the total amount of mineral

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Business