Which account will be included in both service and merchandising companies closing entries?

A) Sales
B) Cost of Merchandise Sold
C) Sales Discounts
D) Sales Returns and Allowances


A

Business

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Earnings per share is an indication of how much:

A) cash the company has for each share of all outstanding stock. B) earnings the company has for each share of outstanding common stock. C) earnings the company has for each share of all outstanding stock. D) dividends the company paid for each share of outstanding common stock.

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Many market participants believe that sell-side analysts are too optimistic in their recommendations to buy stocks, and too slow to recommend sells. What factors might explain this bias?

Business

A presentment is a demand for the acceptance of a dishonored instrument

Indicate whether the statement is true or false

Business

Ruth Cohen is an Orthodox Jew. She works as a cashier at a grocery store that is open seven days a week. She is asked to work Friday nights because that is an unpopular shift, and she has the least seniority

She refuses, because Jewish Sabbath begins on Friday night and her religion prohibits her from working on the Sabbath. Her employer reluctantly fires her. Which of the following statements is TRUE? A) The firing was contrary to human rights law because it was the result of discrimination based on religion. B) The employer has a duty to avoid discrimination practices, short of causing its business undue hardship. C) The employer could probably have accommodated Ruth by allowing her to work another time instead of Friday nights, such as Saturday nights. D) The store may be ordered to re-hire Ruth E) All of the above

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