A mattress is currently on sale for $504.96. If the markdown percent is 36%, what was the original price?
A. $323.17
B. $789.00
C. $181.86
D. $798.00
Answer: B
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Which type of corporate name is unique, different, and memorable without suggesting the company's goods or services?
A) overt B) implied C) conceptual D) iconoclastic
Advertisements for food products and cleaning supplies once directed exclusively to women now must also be geared towards men. This is an example of the consumer behavior trend of:
A) age complexity B) gender complexity C) active, busy lifestyles D) individualism
Both U.S. GAAP and IFRS apply the lower-of-cost-or market rule in a similar manner to inventory
a. True b. False Indicate whether the statement is true or false
Which of the following statements about current liabilities is true?
a. Current liabilities are listed in order of decreasing amounts in the current liability section of the balance sheet. b. The amount of current liabilities has little implication for a company's liquidity. c. The current liability section never contains any portion of long-term liabilities. d. The current ratio is defined as current assets divided by current liabilities.