Is a flat tax a proportional tax? a. Yes c. It depends on the level of income. b. No d. Only if it adds value to the products at each stage of production.

When writing the title of an account, how is it formatted? why? a. the title is capitalized to indicate that it is an account with a credit balance. b. the title is capitalized to indicate that it is a specific account name. c.

Which of the following is NOT a strategy stores use to discourage shoplifting? a) Frequent sales b) Using security tags c) Hiring uniformed security personne l d) Installing convex mirrors

Awnings Incorporated has beginning net fixed assets of $234,100 and ending net fixed assets of $243,600. Assets valued at $42,500 were sold during the year. Depreciation was $62,500. What is the amount of net capital spending? a. $42,500b. $9,500c.

What is psychology?

As of January 1, Year 2, Room Designs Inc. had a balance of $9,900 in Cash, $3,500 in Common Stock, and $6,400 in Retained Earnings. These were the only accounts with balances in the ledger on January 1, Year 2.

Earnings per share (EPS) a. Is useful in both comparing earnings performance across companies and in comparing earnings performance for the same company over time. b.

Frieling Company installs granite countertops in customers' homes. First, the customer chooses the particular granite slab, and then Frieling measures the countertop area at the customer's home, cuts the granite to that shape, and installs it.

Which of the following is not a change in reporting entity? Group of answer choices Reporting using comparative financial statements for the first time. Changing the companies that comprise a consolidated group.

The cash flows below contain the year 1 cash flows for a potential real estate investment. What is the property's operating expense ratio?

Factors such as international trade agreements, economic conditions, and political unrest will have the greatest impact on what type of business environment?