________ will tell you how long it will take you to earn enough profit to cover your start-up investment.

A. Return on sales
B. Return on assets
C. Payback
D. ROI


Answer: C

Business

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Recalculation of hash totals is an example of a

a. completeness test b. redundancy test c. both a. and b. d. neither a. nor b.

Business

On January 1, $362,400 of par value bonds with a carrying value of $388,000 is converted to 60,400 shares of $5 par value common stock. The entry to record the conversion of the bonds includes all of the following entries except:

A. Debit to Premium on Bonds Payable $25,600. B. Debit to Bonds Payable $362,400. C. Credit to Paid-In Capital in Excess of Par Value, Common Stock $86,000. D. Debit to Bonds Payable $388,000. E. Credit to Common Stock $302,000.

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To emphasize an idea through mechanics, place it in A) boldface

B) a different font style. C) italics. D) Any of these techniques would emphasize the idea.

Business

Primary-demand advertising is designed to

A. stimulate demand for a general product class or entire industry. B. stimulate demand for existing products that are "dying." C. create a market share gain for the industry leader. D. influence the purchase of only industrial goods and services. E. help launch a specific line extension.

Business