The purchase of inventory for cash will cause the current ratio to decrease. true false

An instrument store gives a 10% discount to all students off the original cost of an instrument. during a back to school sale an additional 15% is taken off the discounted price. julie, a student at the local high school, purchases a flute for $306.

Monica graduated from high school this year and has a steady job. she feels ready to move into her own space and has $1,200 in savings. does she have enough for a down payment to rent this apartment?

In 1919, henry ford was sued because: a. he used corporate profits to support humanitarian and charitable works. b. his factory was deemed to be a sweatshop. c. he diverted corporate profits for personal gain. d.

If the deposits are made at the beginning of the year and earn an interest rate of 6 percent, what will be the amount in the retirement fund at the end of year 10?

Manufacturing reports the following data for the month: Purchases of raw materials, on account $55,250 Materials requisitions: Direct materials 49,750 Indirect materials 3,700 Labor incurred (not yet paid) : Direct labor 51,000 Indirect labor 2,500

During Burns Company's first year of operations, credit sales totaled $156,000 and collections on credit sales totaled $113,000. Burns estimates that bad debt losses will be 1.0% of credit sales.

A rational decision maker takes an action only if the a. marginal benefit is greater than both the average cost and the marginal cost. b. marginal benefit is greater than the marginal cost. c. marginal benefit is less than the marginal cost. d.

Mazie Supply Co. uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $110,500, and it estimates that 6% will be uncollectible. Required: 1.

Which skills are most required for someone in Design? A) knowledge of building processes, knowledge of specialized tools, and knowledge of building laws B) drawing skills, creativity for new ideas, and ability to model large-scale building projects

Stock X has a standard deviation of 22 percent per year and stock Y has a standard deviation of 8 percent per year. The correlation between stock A and stock B is. 21.