A check drawn on a bank is an order to pay a sum of money and an authorization to charge the amount to the drawer's account. The drawer may countermand this order by which of the following?

a. A canceled check.
b. A stop payment order.
c. A banker's acceptance.
d. A time draft.


b

Business

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Bernstein Inc Bernstein Inc is a local retailer. The following selected information is available from their 2011 and 2012 financial statements: Accounts receivable at 12/31/11 $ 160,000 Accounts receivable at 12/31/12 240,000 Inventory at 12/31/11 300,000 Inventory at 12/31/12 360,000 Net credit sales for 2012 3,400,000 Cost of goods sold for 2012 1,980,000 Net income for 2012 1,000,000 Refer to

the Bernstein Inc information above. What was Bernstein's inventory turnover ratio for 2012? (round to two decimal places) A) 3.03 B) 1.52 C) 6.00 D) 3.00

Business

Kyle files a suit against Lora. The document that informs Lora that she is required to respond is

A. the answer. B. the complaint. C. the service of process. D. the summons.

Business

The federal agency that has the most to do with regulation of the securities markets is the:

a. Securities and Exchange Commission b. Federal Reserve Board c. Federal Securities Commission d. Interstate Securities Commission e. Department of Justice

Business

Identify the tasks that the IT and business project managers are responsible for

What will be an ideal response?

Business