A discount given to encourage prompt payment is called: Multiple Choice A. a cash discount. B. a sales discount by the seller. C. a purchase discount by the buyer. D. all of these answer choices are correct.

Suppose that David's only assets are an automobile worth $10,000 and a checking account with a $5,000 balance. His only liabilities are a student loan balance of $12,000 and a balance of $9,000 on his car loan.

On January 1, Parson Freight Company issues 7.5%, 10-year bonds with a par value of $2,600,000. The bonds pay interest semiannually. The market rate of interest is 8.5% and the bond selling price was $2,423,327.

If the price of coffee increases by 50% and the quantity demanded falls by 10%, then what is the price elasticity of demand for coffee? a) 5 b) 2 c) 20 d) 1/5

The average accounting return (AAR) rule can be best stated as: An investment is acceptable if its AAR is less than a target AAR. An investment is acceptable if its AAR exceeds a target AAR.

A new president at Liberty University has made student satisfaction with the enrollment and registration process one of her highest priorities.

Josh and Joe are opening a couture clothing boutique. There are no competing couture clothing boutiques in the area. They must decide how to organize the business.

An accumulated depreciation account has a normal credit balance. increases on the debit side. is a contra-liability account. is offset against total assets on the balance sheet.

If women are underutilized in an organization, the organization should implement plans to correct the underutilization. the organization should implement hiring quotas for women until the underutilization no longer exists.

Which of the following is a deficiency of using a static planning budget in performance reports? A. The report compares actual revenues and costs at one level of activity with budgeted revenues and costs at the same level of activity B.

Cindy is concerned because during the past four months her company has experienced difficulty in paying its bills on time. She knows if this continues, the firm will have difficulties in accomplishing its goals. Cindy is concerned with:A.