Using the retail inventory method, if the cost to retail ratio is 75% and ending inventory at retail is $159,000, then estimated ending inventory at cost is $221,143.
Answer the following statement true (T) or false (F)
False
$159,000 * 0.75 = $119,250
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Indicate whether the statement is true or false
Routine documents and complex documents can be effectively proofread using the same method
Indicate whether the statement is true or false
[The following information applies to the questions displayed below.]Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,900,000. Harding paid $350,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $374,000; Building, $1,100,000 and Equipment, $726,000.What value will be recorded for the building?
A. $800,000 B. $950,000 C. $175,000 D. $1,100,000
Verify your understanding of a conversation by occasionally ____ the other person's ideas and summarize what you believe they are saying.
A. paraphrasing B. repeating C. mirroring D. parroting