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Cole Moss
BusinessBusiness
Which of the following best describes accounts receivable? The amount of cash owed by a company to its vendors for purchases of products or services on account. The amount of cash collected by a company from its customers from the sale of products or services on account. The amount of cash owed to a company by its customers from the sale of products or services on account. The amount of cash not expected to be collected by a company from its customers from the sale of products or services on account (bad debts).
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Carina Cameron
BusinessBusiness
What is the Urban Dictionary definition of Makenzie
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Eddie Khan
BusinessBusiness
If a company purchases equipment costing $5,800 on credit, the effect on the accounting equation would be
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Anna Sloan
BusinessBusiness
The wacky adventures of ronald mcdonald scared silly
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Guest
BusinessBusiness
Rolling Company bonds have a coupon rate of 6.20 percent, 25 years to maturity, and a current price of $1,196. What is the YTM? The current yield? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
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Elaina Caldwell
BusinessBusiness
Expert pool players were observed to make 71% of their shots when alone. when four people watched them, they made 80% of their shots. this best illustrates:
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Tatum Nolan
BusinessBusiness
A group of farmers join together to market their produce. What is this an example of?

franchise

consumer cooperative

producer cooperative

nonprofit organization
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Jayson Scott
BusinessBusiness
Suppose the current equilibrium of pizza is $5. If the government decides the price of pizza cannot rise above $4, there would be:

a. a shortage of pizzas

b. no impact on the equilibrium price and quantity of pizzas

c. a rightward shift of the supply curve of pizzas

d. a rightward shift of the demand curve for pizzas

e. a surplus of pizzas
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Israel Morrison
BusinessBusiness
Unearned revenues are revenues not recorded as revenues until services are performed. revenues for services already performed and received in cash, and recorded as revenues when received. revenues for services performed but not yet received in cash or recorded. revenues for services already performed, and recorded as liabilities, before they are received.
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Kendra Sherman
BusinessBusiness
Adams Moving and Storage, a family-owned corporation, declared a property dividend of 1,200 shares of GE common stock that Adams had purchased in February for $39,600 as an investment. GE's shares had a market value of $31 per share on the declaration date.

Prepare the journal entries to record the property dividend on the declaration and payment dates.

1. Record adjustment of stock to fair value

2. Record the journal entry on the declaration date

3. Record the journal entry on the payment date
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Flopsy
BusinessBusiness
There is a difference between the income tax payable account and the income tax expense account in the financial statement of the sooners corporation which account attributes to this difference A. Depreciation

B. Petty cash on hand

C. Accounts payable

D. Size of land owned
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Janiyah
BusinessBusiness
At the market price for a product, quality demanded is equal to the quantity supplied. There is no excess demand and no excess supply. What economic term would describe this scenario?
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Jazmin Huang
BusinessBusiness
Which of the following is true of relevant costs? a. Relevant costs are past costs that do not differ from one alternative to another. b. Relevant costs have no effect on decision making. c. Relevant costs are sunk costs that alter future decisions. d. Relevant costs are future costs that differ across alternatives.
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Haley Noble
BusinessBusiness
On its 2011 balance sheet, Bank of America Corporation reports marketable debt securities of $311,416 million. The footnotes disclose that these securities have an amortized cost of $306,437 million. Which of the following is true?1) These are available-for-sale securities2) These are trading securities3) There are net unrealized gains of $4,979 on these securities4) Both A and C5) Both B and C
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Edith
BusinessBusiness
LO 4.3From beginning to end, place these items in the order of the flow of goods.

cost of goods sold

raw materials inventory

finished goods inventory

work in process inventory
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