Warren Buffett is the CEO of:
a. Home Depot.
b. Berkshire Hathaway.
c. Southwest Airlines.
d. None of the above
.B
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Dakota, Inc. purchased raw materials worth $8,000 on account. The journal entry to record the purchase of raw materials on account is ________
A) debit Cash, $8,000; credit Raw Materials Inventory, $8,000 B) debit Accounts Payable, $8,000; credit Raw Materials Inventory, $8,000 C) debit Raw Materials Inventory, $8,000; credit Accounts Payable, $8,000 D) debit Raw Materials Inventory, $8,000; credit Cash, $8,000
ABC Technologies manufactures computer accessories, such as modems and network cards. Even though the company has several purchasing managers, the company president has final authority on all purchases over $500, including the selection of the supplier. In the typical buying center in this company, the company president would have the primary role of
A. user. B. gatekeeper. C. influencer. D. decider. E. buyer.
Cash is a ________
A) long-term asset B) current asset C) current liability D) long-term liability
If it is known that a simple linear regression model explains 56 percent of the variation in the dependent variable and that the slope on the regression equation is negative,
then we also know that the correlation between x and y is approximately -0.75. Indicate whether the statement is true or false