In which persuasive pattern of organization does a speaker arrange information based on pro and cons?
A) Monroe's Motivated Sequence B) cause-effect C) Maslow's hierarchy of needs D) advantages-disadvantages
D
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The costs of doing business through the sale of goods and services are called
a. Net income b. Expenses c. Revenues d. Dividends
An important, but secondary, objective of coding is to represent each possible response with a unique number because numbers are easier and faster to use in computer tabulation programs
Indicate whether the statement is true or false
On December 31, Ferndale Enterprises has an $800 debit balance in Allowance for Uncollectible Accounts. If an accounts receivable aging method analysis indicated that an estimated $6,400 of December 31 receivables are uncollectible, for what amount would the adjusting entry for uncollectible accounts be recorded? (Show your work.)
On January 2, 2014, Sanders Corporation granted stock options to key employees for the purchase of 60,000 shares of the company's common stock at $25 per share. The options are intended to compensate employees for the next two years. The options are exercisable within a four-year period beginning January 1 . 2016, by grantees still in the employ of the company. The fair value of the option
determined by an option pricing model is $7 at the grant date. Sanders plans to distribute up to 60,000 shares of treasury stock when options are exercised. The treasury stock was acquired by Sanders at a cost of $28 per share and was recorded under the cost method. Assume that no stock options were terminated during the year. How much should Sanders charge to Compensation Expense for the year ended December 31 . 2014? a. $420,000 b. $210,000 c. $180,000 d. $90,000