Which of the following pairs of accounts could not appear in the same adjusting entry? a. Interest Income and Interest Expense b. Rent Expense and Prepaid Rent c. Fees Earned and Unearned Fees d. Salaries Payable and Salaries Expense

If mega corp. borrows $9,000 and agrees to pay the lender $10,500 in one year, the annual interest rate on this loan is approximately:

Information for Basic Factory, Inc., as of December 31 follows: Raw materials inventory, January 1 $ 88,000 Raw materials inventory, December 31 68,000 Goods in process inventory, January 1 25,000 Goods in process inventory, December 31 28,900

A leverage effect will occur if: a. fixed operating costs are greater than zero or if interest expense is less than zero b. fixed operating costs are greater than zero or if interest expense is greater than zero c.

The Boat Works has decided to take the company public by offering a total of 150,000 shares of common stock to the public.

You are the marketing director of a company that imports toys from Europe. You've been very successful in marketing products for children aged 6 to 12, but now you'd like to expand your business by selling into another market category.

Mama's Pizza Shoppe borrowed $6,000 at 9% interest on May 1, 2021, with principal and interest due on October 31, 2022. The company's fiscal year ends June 30, 2021. What adjusting entry is necessary on June 30, 2021? Multiple Choice: A.

Jane has discovered that she is bored working for others. She wants to open a business in which she will have maximum control and the least interference from government regulation. Which business form should she use.

Willie Company's retained earnings increased $20,000 during 2016. What was Willie's 2016 net income or loss given that Willie declared $25,000 of dividends during 2016?

A bank developed a model for predicting the average checking and savings account balance as balance = - $17,732 + 367 x age + $1300 x years education + 0.116 x household wealth. a. explain how to interpret the numbers in this model b.

How much must I deposit today if I want to be able to withdraw $620 per month for six years from an account which earns a nominal rate of three percent, compounded monthly, if withdrawals are made at the beginning of each month