A presentation that seeks to reinforce the audience’s attitude about a topic is a(n) ______ presentation.
a. informal
b. epideictic
c. informative
d. persuasive
d. persuasive
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Explain the 2 factors that influence consumer savings
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On December 1, Orenthal Marketing Company received $3,600 from a customer for a 2-month marketing plan to be completed January 31 of the following year. The cash receipt was recorded as unearned fees. The adjusting entry for the year ended December 31 would include:
A. a credit to Earned Fees for $3,600. B. a debit to Earned Fees for $1,800. C. a debit to Earned Fees for $3,600. D. a debit to Unearned Fees for $1,800. E. a credit to Unearned Fees for $1,800.
Firms can elect the fair value option for the following items: (1) bonds held to maturity, (2) available-for-sale securities, and (3) cash flow hedges. Which of the following is/are true?
a. Applying the fair value option to investments in debt securities classified as held to maturity results in accounting for the investments as if they were a trading security, with changes in fair value recognized in income each period. b. Applying the fair value option to available-for-sale securities results in reporting unrealized gains and losses from remeasurement to fair value in net income as fair value changes, instead of initially in other comprehensive income. c. Applying the fair value option to cash flow hedges results in reporting unrealized gains and losses from remeasurement to fair value in net income as fair value changes, instead of initially in other comprehensive income. d. all of the above e. none of the above
Flax had net sales of $7,875 and its average accounts receivables is $1,250. Calculate Flax's accounts receivable turnover:
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