A retailer's customers who are most loyal and who have the highest average sales can be classified as its _____
a. outshoppers
b. target market
c. primary customers
d. core customers
d
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Answer the following statements true (T) or false (F)
1. The discount on bonds payable becomes interest expense through a process of depreciation. 2. The amortization of bond premium increases interest expense over the life of the bonds. 3. The face value of a bond payable minus the current balance of the discount account or plus the current balance of the premium account is the bond's carrying amount. 4. Contra accounts have the same normal balance as the related account and are added to the related account on the balance sheet. 5. The balance in the Bonds Payable account is a credit of $92,000. The balance in the Premium on Bonds Payable account is a credit of $1,990. The bond's carrying amount is $93,990.
Which of the following unions is most accurately described as a revolutionary union?
A. The American Federation of Labor. B. The United Auto Workers. C. The Industrial Workers of the World. D. The Knights of Labor.
Mary agrees to sew Georgia's prom dress for $50 plus costs. Georgia decides that she wants ruffles around the neck and calls Mary who says it will now cost $60. When Mary finishes the dress (with ruffles), Georgia must pay:
A) $50, since that is the original agreement. B) $50, since a modification must be in writing. C) $60, since the modified agreement is supported by additional consideration. D) $60, since any subsequent agreement is enforceable.
Jahnel Corporation is conducting a time-driven activity-based costing study in its Tech Support Department. The company has provided the following data to aid in that study:Jahnel CorporationTech Support DepartmentData InputsResource Data: Number of employees 7 Average salary per employee$43,200 Weeks of employment per year 50 Minutes available per week (40 hours × 60 minutes) 2,400 Practical capacity percentage 90%?Activity Data:Routing CallsResolving ProblemsPreparing Change OrdersMinutes per unit of the activity142234?On the Customer Cost Analysis report in time-driven activity-based costing, the time-driven activity rate for Preparing Change Orders would be closest to:
A. $1.18 per change order prepared B. $34.00 per change order prepared C. $0.40 per change order prepared D. $13.60 per change order prepared