On October 1, Black Company receives a 9% interest-bearing note from Reese Company to settle a $20,000 account receivable. The not is due in six months. At December 31, Black should record interest revenue of

a. $0

b. $450

c. $900

d. $1800

You have just been assigned as project manager for a large telecommunications project. This one year project is about halfway done. The project team consists of five sellers and 20 of your company's employees.

A bond used as bail in a criminal case is which type of contract? letter of credit informal contract negotiable instrument formal contract implied contract

If the U. S. government imposed a tariff on all foreign goods, the immediate result would be which of the following? a. Americans would enjoy a higher standard of living. b. More American jobs would be saved. c. More American jobs would be lost. d.

Country A has 1500 units of labor and can produce two goods, mufactures and food. A's producers take 5 units of labor to produce one unit of manufactures and 6 units to produce one unit of food.

Net working capital: a. is the only expenditure where at least a partial recovery can be made at the end of a project. b. can be ignored in project analysis because any expenditure is normally recouped by the end of the project. c.

Your insurance agent is trying to sell you an annuity that costs $75,000 today. By buying this annuity, your agent promises that you will receive payments of $500 per month for 20 years.

James is an auditory learner. what is the best way for him to process his notes

Sally is a cash basis taxpayer and a member of the Valley Barter club. This year Sally provided 100 hours of sewing services to the barter club in exchange for two football playoff tickets.

One study of 195 critical incidents in banking and medical settings showed that a major difference between effective and ineffective listening was

Inventory turnover is calculated as a. Sales/Cost of Goods Sold. b. Average Inventory/Average Daily Cost of Goods Sold. c. Average Inventory/Sales. d. Cost of Goods Sold/Average Inventory.