Maria just purchased a new cell phone and is struggling to understand how to download apps. Juan, Maria’s son, has been downloading apps for years and teaches his mother how to do so. According to the text, Juan can be considered a ______, while Maria can be considered a ______.
a. tech savant; novice
b. digital instructor; digital learner
c. digital native; digital immigrant
d. digital immigrant; digital native
c. digital native; digital immigrant
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The accuracy of the statement of cash flows can be verified by computing the change in the balance of the
a. cash and cash equivalent accounts. b. equity account. c. revenue account. d. asset and liability accounts.
Below is financial data for Computech Industries' current year. Net sales on account during year $500,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000 Refer to the data for Computech Industries. Based on this information, what is Computech's
number of days' sales in inventory (assuming a 360 day year)? a. 132 days b. 216 days c. 1,091 days d. 120 days
Which of the following is true?
a. Cash flow data is superior to earnings under the accrual basis in predicting long-term performance of an entity. b. Earnings under the accrual basis is superior to cash flow data in predicting short-term performance of an entity. c. Earnings under the accrual basis is superior to cash flow data in predicting long-term performance of an entity. d. Cash flow data is superior to earnings under the accrual basis in predicting both short- and long-term performance of an entity.
The Second Amendment to the U.S. Constitution reserves all powers not delegated to the federal government to the states
Indicate whether the statement is true or false