A bank loaned York Construction Company $35,000 on a 1-year, 6% note, but deducted the interest in advance. The journal entry made by York to record receipt of the cash would include an
a. increase in Cash for $35,000.
b. decrease in Notes Payable for $32,900.
c. increase in Discount on Notes Payable for $2,100.
d. increase in Interest Revenue for $2,100.
c
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Which of the following is not a higher order need that could influence the potential effectiveness of a leader?
a. the need for power b. the need for grit c. the need for affiliation d. the need for achievement
Kraft's marketing efforts for its Macaroni & Cheese include paid television commercials and magazine inserts. These are examples of activities associated with:
a. advertising. b. franchising. c. personal selling. d. nonstore retailing.
There is an old saying "If you have to ask the price of a yacht, you cannot afford it." Products like yachts are most likely to be associated with
A. prestige pricing. B. target return value. C. competitive parity pricing. D. break-even point pricing. E. cross-shopping.
John Gates made $25,000 last year and paid $2,500 in taxes. What percentage of his income did
John pay in taxes? A) 1% B) 9% C) 10% D) 90% E) impossible to calculate with the information provided