A paragraph is a visual unit because it
A) discusses only one topic but does so in great detail.
B) uses white space to enhance readability.
C) signals readers to pause and digest the information it contains.
D) adds coherence to the document's unity.
E) uses a single typeface for emphasis and subordination.
C
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Cost of goods sold equals $500,000, and average inventory equals $200,000 . Days' inventory on hand equals
a. 91.3 days. b. 146.0 days. c. 821.9 days. d. 912.5 days.
In preparing a statement of cash flows using the indirect method, the Depreciation Expense ________.
A) is added back as an adjustment to Net Income in the operating activities section B) is shown as a negative cash flow in the investing activities section C) is added back to Purchases of Plant Assets under investing activities D) is shown as a negative cash flow under operating activities
A person must have contractual capacity to be an agent.
Answer the following statement true (T) or false (F)
Which one of the following statements concerning Treasury bonds is correct?
A) The par values of all Treasury bonds are adjusted periodically in response to changes in the rate of inflation. B) Treasury bonds have maturity dates ranging from two to ten years. C) Interest earned on Treasury bonds is tax-exempt at the federal level. D) All Treasury securities are backed by the "full faith and credit" of the U.S. government.