Merchandise Inventory and Cost of Goods Sold appear ________.
A) on the balance sheet and statement of retained earnings, respectively
B) on the statement of retained earnings and income statement, respectively
C) on the balance sheet and income statement, respectively
D) on the income statement and statement of cash flows, respectively
C) on the balance sheet and income statement, respectively
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Persuasive topics that attempt to show an audience that something is good or bad, right or wrong are topics of
A) fact B) value C) policy D) cause-effect
Hofstede’s research identified five dimensions on which cultures differ. Which two dimensions do you believe have the greatest potential for miscommunication between members of different cultures? In your essay, make sure to explain each dimension fully and give an example that illustrates each end of the continuum. Then provide clear reasoning as to why you think these dimensions are most likely to lead to miscommunication.
What will be an ideal response?
The entry to record the issuance of bonds at a discount on an interest payment date should include a
a. debit to Cash for the face amount of the bonds. b. debit to Cash for the face amount of the bonds plus the amount of discount. c. debit to Cash for the face amount of the bonds minus the amount of discount. d. credit to Cash for the face amount of the bonds.
Assume that you have a binomial experiment with p = 0.4 and a sample size of 150. The variance of this distribution is
A. 36. B. 6. C. 2.9. D. 216.