The following information is available for Superior Company for 2014: Decrease in merchandise inventory .................... $ 20,000 Increase in accounts payable related to inventory .... 50,000 Disbursements for purchases of merchandise ........... 580,000 What amount should Superior report as cost of goods sold for 2014?
a. $510,000
b. $550,000
c. $610,000
d. $650,000
D
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Indicate whether the statement is true or false
Which of the following statements is correct concerning the delivery of a business presentation?
a. What you say at the beginning is not as important as the main points you make in the body of the presentation. b. Attention-getting techniques may include a quotation by an expert, an appropriate joke, or a startling statistic. c. You should use the inductive approach, because the deductive approach would remove the suspense factor for the audience. d. A summary of the major points covered is optional if the material has been well presented.
RioFit was recently cited for multiple violations and fined a total of $14,000, which matches the average penalty currently imposed by OSHA per violation. Based on this, it is likely that
A. RioFit was cited for three other than serious violations. B. RioFit was cited for four other than serious violations. C. RioFit was cited for three serious violations. D. RioFit was cited for four serious violations.
What is an identifying relationship?
What will be an ideal response?