Financing activities include receiving cash from issuing debt and receiving cash dividends from investments in other companies' stocks.
Answer the following statement true (T) or false (F)
False
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Collection letters are used to:
A. remind certain customers that they have not paid their bills. B. respond to claim letters. C. make requests when there are problems with products or services. D. congratulate co-workers on their promotions.
A production department's output for the most recent month consisted of 10,000 units completed and transferred to the next stage of production and 10,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. There were 1,000 units in beginning Work in Process inventory, and they were 70% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method.
A. 10,700 units. B. 15,000 units. C. 15,300 units. D. 10,000 units. E. 10,300 units.
If Coca-Cola were to want to merge with Pepsi, and this was held to "substantially lessen competition" or "tend to create a monopoly," that would be a violation of:
a. the FTC Act b. the Clayton Act c. the Sherman Act d. all of the other specific choices e. none of the other choices
Nelda Brown borrowed $1,420 for 120 days to buy some new furniture for her office. At the due date, Nelda repaid a total of $1,448 . What was the exact simple interest rate (365-day year) that she paid on the loan? (To nearest 1/10 of a percent.)