Kathy Reynolds, a college student, works as a part-time retail clerk in a clothing store. Kathy can buy clothes at a discount and earns $12.45 per hour. Compute her earnings for a week when she worked 17.25 hours. (Round to the nearest cent.)
$12.45 per hour × 17.25 hours = $214.76
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Which of the following is a possible drawback of a bank run??
A. ?It leaves the banks with excess reserves. B. ?It leads to a fall in investment activities because of lack of loans available to business firms. C. ?It leads to a fall in the demand for loans by the business firms. D. ?It leads to an excessive increase in the supply of money by the banks.
The early research on authentic leadership grew out of an underdeveloped area of which branch of leadership studies?
A. the trait approach B. the skills approach C. transformational leadership D. leader–member exchange theory
The amount of cash flow from operations indicates:
a. the extent to which operating activities generate more cash than they use. b. the extent to which revenues exceed expenses. c. the extent to which liabilities exceed shareholders' equity. d. the extent to which more cash is generated from investing activities than financing activities. e. how much free cash flow a company has.
Zorn Inc. makes a sale for $300. The company is required to collect sales taxes amounting to 9%. What is the amount that will be credited to the Sales Tax Payable account?
A. $327 B. $300 C. $27 D. $273