The ______ outline is a sparse outline containing a few words to identify the key points of your speech.
a. preliminary
b. working
c. basic
d. incomplete
b. working
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How important is the nationality of the top management position holder in global businesses?
What will be an ideal response?
Customers who fall under the apostle group are usually price-and promotion-sensitive, and rarely stay with you long enough for them to be profitable
Indicate whether the statement is true or false
A common use for sequential coding is
a. creating the chart of accounts b. identifying inventory items c. identifying documents d. identifying fixed assets
On March 1, 2018, Rawlins Company invests $25,000 in Ashton Company stock. Ashton pays Rawlins a $800 dividend on September 30, 2018. Rawlins sells the Ashton stock on November 30, 2018 for $23,500. Assume the investment is categorized as a short-term equity investment and that Rawlins does not have significant influence over Ashton.
Requirements: 1. Journalize the transactions for Rawlins' investment in Ashton's stock. 2. What was the net effect of the investment on Rawlins' net income for the year ended December 31, 2018.