The body of a short, 20-minute presentation should focus on ________
A) at least five to eight main points
B) one or two main points
C) two to four main points
D) up to ten main points
C
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Why is the use of the U.S. dollar as a unit of measure for financial statement data in the U.S. widely accepted?
a. U.S. dollar remains stable over a long period of time. b. U.S. dollar is universally recognized as a reliable financial measure. c. U.S. dollar is the medium of monetary exchange in the U.S. d. U.S. dollar is required for financial statement presentation by the FASB and SEC.
People frequently blend sounds together, or ____________________ when they speak.
Fill in the blank(s) with the appropriate word(s).
Apollo Corp reported the following balance sheet:
Cash $28,000 Accounts payable $5,000 Accounts receivable 15,000 Notes Payable 12,000 Inventory 45,000 Accruals 17,000 Net Fixed Assets 122,000 Long-Terms Debt 45,000 Common Stock 10,000 Retained Earnings 121,000 Total assets $210,000 Total Liab. & Equity $210,000 Apollo Corp's debt ratio is A) 37.62%. B) 32.17%. C) 39.45%. D) 42.95%.
Total buying power declines during periods of economic
A. recovery. B. prosperity. C. recession. D. uncertainty. E. expansion.