If sprinkle industries has a margin of safety ratio of. 60, it could sustain a 60 percent decline in sales before it would be operating at a loss.

a. True

b. False

Net income = Gross income - Business Expenses and Deductions. Given the following information, what does the net income for the month equal? Gross Income = $4,000, Expenses = $1,000, Deductions = $500a. $500b. $1,000c. $2,500d. $3,000

Because an applicant needs to be able to prove that they can pay a mortgage payment for the entire life of a loan, lenders are allowed to factor in someone's age when approving or denying them for a loan. a. Trueb. False

Harper company lends hewell company $40,000 on march 1, accepting a four-month, 6% interest note. harper company prepares financial statements on march 31. what adjusting entry should be made before the financial statements can be prepared?

Lilly would like to start investing. What tools and services can she benefit from?

With what type of product did the united states first enter the arena of technology?

At Afterbadge, a chain of stores that sells computer accessories, all the marketing activities are planned at the company headquarters. These plans are required to be carried out by the employees without any deviation.

A teacher writes the results of a test on the board: 7 students received a's, 10 students received b's, 18 students received c's, 4 students received d's and 1 student received an f.

Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February 2 for $34,000.

Suppose the following two events occur in the market for elementary school teachers: a. Overcrowded schools and education budget cuts have discouraged young college students from pursuing careers in teaching. b.

A local university is facing some tough decisions, so they are using the decision tree, which contains individuals, websites, and organizations that specialize in handling sensitive and difficult decisions. A. True B. False