Under a shipment contract, if the seller does not make a reasonable contract for transportation or notify the buyer of the shipment, the buyer can reject the goods if a material loss results

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Ratios that focus on cash are more useful than those that focus on income in the evaluation of the liquidity of a company

a. True b. False Indicate whether the statement is true or false

Business

Which of the following is included in the entry to record the issuance of 14,000 shares of $7 par value common stock at $21 per share for cash?

A) Cash is debited for $294,000. B) Common Stock is debited for $98,000. C) Common Stock is credited for $294,000. D) Paid-In Capital in Excess of Par—Common is debited for $196,000.

Business

Ashley is interested in measuring the amount of output that Acme Global gets per unit of input. Specifically, she would like to measure how much time each worker spends on each assignment. Ashley is interested in measuring ______.

A. revenue B. turnover C. productivity D. costs

Business

Markets that will do well in the future include telecommunications and the energy sector

What will be an ideal response?

Business