During october, blue sky inc. correctly enters a $10,000 credit to its revenues account. what conclusions can be made based on this accounting entry?

At midyear, Susan, the manager of a store, realizes that the new outlet mall with 300 stores down the street is taking much of the sales away from her store, so she will need to revise the sales goals of her sales associates.

Which of the following are significant ways in which service systems differ from manufacturing systems? (You may select more than one answer) a. Service is tangible unanswered. b. You cannot inventory service checked. c.

Amador Corporation has a stock price of $24 a share. The stock's year-end dividend is expected to be $2 a share. The stock's required rate of return is 12 percent and the stock's dividend is expected to grow at the same constant rate forever.

The most desirable alternative given up as a result of a decision is the

Two nations are negotiating a trade agreement for two goods. Both nations have the same amount of resources available to produce the two goods.

If a bank depositor withdraws $1000 of currency from an account, what happens to bank reserves, checkable deposits, and the monetary base? Assume that the required reserve ratio on checkable deposits is 10% and banks do not hold any excess reserves.

During the Great Depression, consumer spending was higher than ever in history. Question 10 options: True False

A property is being appraised by the cost approach. The appraiser estimates that the land is worth $17,000 and the replacement cost of the improvements is $235,000. Total depreciation from all causes is $23,000.

NorthWest Corp. obtained the following information from its accounting records: Sales $70,000 Beginning Finished Goods Inventory $10,000 Ending Finished Goods Inventory $46,000 Cost of Goods Sold $22,000 Ending Work-in-Process Inventory $30,000

Sally is buying a home and the closing date is set for April 20th. The annual property taxes are $1,234.00 and have not been paid yet. How much will the buyer be credited and the seller be debited?