The power to regulate interstate commerce is given jointly to Congress and the states under the U.S Constitution.

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


False

Business

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Mavis Company's statement of cash flows showed net cash provided by operating activities of $47,000 in 2016. Mavis reported an increase in accounts payable of $6,000, an increase in inventory of $2,000, depreciation expense of $3,000, and dividends paid of $8,000. Mavis's net income for 2016 was

A) $48,000. B) $40,000. C) $39,000. D) $32,000.

Business

On January 16, Half Circle Company sold $5,000 of merchandise to Arnold, on account. Half Circle could not collect cash from Arnold and wrote off the account. Prepare a journal entry to record the write-off, assuming Half Circle uses the allowance method. Omit explanation.

What will be an ideal response?

Business

Future opportunities and threats are considered in the forecasting section of a marketing plan

Indicate whether the statement is true or false

Business

Trade symbols would include which of the following?

a. Service mark. b. Certification mark. c. Collective mark. d. All of these.

Business