Select the correct answer.

Which type of financing refers to giving up some control of the business to raise funds?

A.

owner's equity

B.

equity financing

C.

debt financing

D.

risk financing

Inventory records for Marvin Company reveal the following: Date Transaction Number of Units Unit Cost Mar 1 Beginning Inventory 1,000 $7.20 Mar 10 Purchase 600 $7.25 Mar 16 Purchase 800 $7.30 Mar 23 Purchase 600 $7.

Consider the influences on selling plans, and whether the influence changes supply. A. A change in the quantity of rubber balls that consumers plan to buy this month changes the supply of rubber balls. B.

An NSF check is a: blank check. post-dated check. returned check. pre-dated check.

Ayayai Corporation issued 460 shares of $100 par value preferred stock for $56,100. Prepare Ayayai's journal entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.

Assume that your parents wanted to have $ 140 comma 000 saved for college by your 18th birthday and they started saving on your first birthday. They saved the same amount each year on your birthday and earned 11.0 % per year on their investments. a.

It is appropriate to use the fixed assets turnover ratio to appraise firms' effectiveness in managing their fixed assets if and only all the firms being compared have the same proportion of fixed assets to total assets. a) trueb) false

Which of the following actions differentiates an entrepreneur from other small business owners?

Mccoo Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.50 per direct labor-hour.

Which of the following is true of Finished Goods Inventory? A. Finished Goods Inventory is an account used by a manufacturer and includes completed goods that have not yet been sold. B.

Suppose a three-person comittee is formed for a culb by drawing names out of a hat. If the expected number of women is 2 and there are 10 men in the culb, how many women are in the club?