Which of the following will decrease working capital?
a. collection of accounts receivable
b. purchase of a new computer with cash
c. payment of salaries payable
d. purchase of merchandise on credit
b
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Hours of employee training is an example of an objective measure
Indicate whether the statement is true or false
Hubbard Company had the following trading securities in its portfolio at December 31. The Fair Value Adjustment-Trading account had a balance of zero prior to any year-end adjustment. Prepare the appropriate adjusting journal entry for this portfolio.Short-Term Debt InvestmentsCostFair ValueXBM$ 24,500$ 25,900Micro51,00048,600Outel62,30061,000Dull 29,900 30,200Totals$167,700$165,700
What will be an ideal response?
Which is not one of the financial costs of a recall?
a. Communication costs b. Engineering costs c. Marketing costs d. Legal costs
Consequential damages can include punitive damages due to fraud in the making of a contract
a. True b. False Indicate whether the statement is true or false