Which of following debts can be avoided by bankruptcy?
A) Wages earned within three months prior to bankruptcy proceedings
B) Debts owed by reason of embezzlement
C) Educational loan debts
D) Claims for alimony and child support
A
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Which is an efficiency gain provided by the Internet?
a. eliminates competition b. increases cost c. increases market d. minimizes collaboration
A company's bank statement shows a cash balance of $4,230. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $3,880, deposits outstanding of $1,230, NSF check of $300, and service fee of $50. Calculate the correct balance of cash.
What will be an ideal response?
Which of the following best illustrates how to overcome people's natural resistance to price?
a. At a cost of only $145 a year, how could you possibly say "No"? b. With all our discounts, your cost is only $145. c. For an economical $145 annual fee, you can enjoy the special discounts and advance product information available only to members of the CCY Micro Users Group. d. When have you received so much in return for only $145?
Decker EnterprisesBelow are the simplified current and projected financial statements for Decker Enterprises. All of Decker's assets are operating assets. All of Decker's current liabilities are operating liabilities. Income statementCurrent
Projected Salesna 1,500 Costsna 1,080 Profit before taxna 420 Taxes (25%)na 105 Net incomena 315 Dividendsna 95 Balance sheetsCurrentProjected CurrentProjectedCurrent assets 100 115 Current liabilities 70 81 Net fixed assets 1,200 1,440 Long-term debt 300 360 Common stock 500 500 Retained earnings 430 650 If Decker had a financing deficit, it could remedy the situation by A. buying back common stock B. paying a special dividend C. paying down its long-term debt D. borrowing on its line of credit E. borrowing from retained earnings