The accounts receivable turnover ratio can be used to asses a firm's solvency.

Answer the following statement true (T) or false (F)


False

The accounts receivable turnover ratio can be used to asses a firm's liquidity.

Business

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The computer tech salesperson is confronted with the no-need objection when her prospect says, "I am not interested in buying a scanner for my computer."

Answer the following statement true (T) or false (F)

Business

On September 12, Vander Company sold merchandise in the amount of $5,800 to Jepson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Vander uses the periodic inventory system and the gross method of accounting for sales. Jepson pays the invoice on September 18, and takes the appropriate discount. The journal entry that Vander makes on September 18 is:

A.

Cash4,000 
Accounts receivable 4,000

B.
Cash5,684 
Accounts receivable 5,684

C.
Cash3,920 
Sales discounts80 
Accounts receivable 4,000

D.
Cash5,800 
Accounts receivable 5,800

E.
Cash5,684 
Sales discounts116 
Accounts receivable 5,800

Business

Which of the following has the highest penetration of social network usage among the general population?

A. North America B. Latin America C. Europe D. Asia-Pacific

Business

Blue sky laws:

a. is a nickname for the Security Act of 1934. b. are securities laws that are passed by states. c. are state laws to control insider trading. d. are state laws that require equal dignities.

Business