Income by itself is usually a pretty good measure of social class.
Answer the following statement true (T) or false (F)
False
People with the same income level may be in different social classes, so income by itself is usually not a good measure of social class.
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On September 1, 2014, Watson Company received a loan of $44,940 from One Finance Company. To pay off this loan, Watson Company will have to pay One Finance $10,000 each year for ten years. The first payment is due September 1, 2015. Which interest rate compounded annually is Watson paying on this loan?
A) 12% B) 15% C) 18% D) 24%
Aboard Company began the current year with the following: Accounts receivable $ 10,000 Allowance for doubtful accounts (800) Net account receivable 9,200 During the current year, the following events occurred: Accounts written off $ 1,200 Sales on account 30,000 Bad debt expense recognized 2,000 At the end of the current year, Aboard showed a balance in gross accounts receivable (before the
allowance for doubtful accounts) of $16,800. What amount would be shown as an operating cash inflow in the statement of cash flows under the indirect method? a. $21,000 b. $22,000 c. $30,000 d. $28,200
For an organization, the value chain activity of "service" involves ________
A) managing the organization, including planning, finance, and legal affairs B) shipping products out of the organization C) providing its customers help related to its product before, during, and after a sale D) leveraging technical expertise to develop innovative products
When unions merge it:
A. Increases membership and financial solvency. B. Increases competition among unions. C. Increases aggressiveness of local union leaders in meeting the needs of their members. D. Decreases resources of both unions.