In what industry stage would you position (a) light beer and (b) color television?
What will be an ideal response?
Light beer is in the growth stage, and color television is in the mature stage
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A merchandiser uses a perpetual inventory system. The beginning Retained Earnings balance of the merchandiser was $95,000. During the year, Sales Revenue amounted to $75,000, Cost of Goods Sold was $30,000, and all other expenses totaled $12,000. The company declared and paid $19,000 as dividends. The last step in the closing process would include ________.
A) a debit to Income Summary for $33,000 B) a credit to Income Summary for $19,000 C) a debit to the Retained Earnings account for $33,000 D) a debit to the Retained Earnings account for $19,000
When might an auditor modify the introductory paragraph and replace the scope paragraph with explanatory paragraph?
a. When a scope limitation exists. b. When there is substantial doubt about going-concern. c. When the auditor lacks independence. d. When there is an emphasis of a matter.
What is the label for the output for comparing the averages on two variables among the same sample member?
A) Two Paired Variable Averages Differences Test Analysis Results B) Three Independent Variable Averages Differences Test Analysis Results C) Two Independent Variable Averages Differences Test Analysis Results D) all of the above are used; the output label changes depending on the variables tested E) none of the above are used; the output label is unknowable
What two broad components is an SRI fund likely to use for assessment when deciding whether to add a company to its investment portfolio?
a. environmental performance and employee base b. financial performance and product quality c. social and environmental performance d. financial and social performance