OK Dry-Cleaning advertises so effectively that the regular customers of its competitor Purity Cleaners patronize OK instead of Purity. This is?
A) ?appropriation
B) ?conversion.
C) wrongful interference with a contractual relationship.
D) none of the choices.
D
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Deposits made directly by the bank would be
A. added to the company's records. B. deducted from the company's records. C. added to the bank statement balance. D. deducted from the bank statement balance.
Primary data can be collected in several ways. Installing cameras in a retail store to unobtrusively record shopping behavior is an example of ________ research
A) focus group B) survey C) observational D) behavioral E) experimental
If a business had a capacity of $10,000,000 of sales, actual sales of $6,000,000, break-even sales of $4,500,000, fixed costs of $1,800,000, and variable costs of 60% of sales, what is the margin of safety expressed as a percentage of sales?
A) 25% B) 18% C) 33.3% D) 15%
The Allowance for Doubtful Accounts has a debit balance of $3,000 at the end of the year (before adjustment), and the balance of Allowance for Doubtful Accounts is estimated at $12,000 . If Accounts Receivable are $700,000, the amount of the adjusting entry to record the provision for doubtful accounts using the analysis of receivables method is ________
a. $16,000 b. $9,000 c. $12,000 d. $15,000