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Business
Nathalia
If you wanted to get informed about the most recent scams that have been occurring, what could you do?
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Business
Ronin Swanson
The Gorman Group issued $900,000 of 13% bonds on June 30, 2016, for $967,707. The bonds were dated on June 30 and mature on June 30, 2036 (20 years). The market yield for bonds of similar risk and maturity is 12%. Interest is paid semiannually on December 31 and June 30.
Required:
Complete the below table to record the company's journal entry. (Enter interest rate to 1 decimal place. (i. e. 0.123 should be entered as 12.3).)
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Business
Shayla Boyer
Which of the following is true regarding normal balances of accounts? a. All accounts have a normal debit balance. b. Accounts that have a normal debit balance will only have debit entries, never credit entries. c. The normal balance of all accounts will have either a positive or negative balance. d. The normal balance is on the increase side of the account.
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Business
Guerra
During the past half hour, a restaurant has had 23 orders for Pepsi and 15 orders for Mountain Dew. How many more orders have there been for Pepsi than for Mountain Dew? * 7 more orders
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Business
Zaria
The Incident Command System (ICS) is only applicable to large, complex incidents.
True / False.
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Business
Bender
Suppose the spot and six-month forward rates on the Norwegian krone are Kr 5.83 and Kr 5.98, respectively. The annual risk-free rate in the United States is 3.63 percent, and the annual risk-free rate in Norway is 5.33 percent.
The six-month forward rate on the Norwegian krone would have to be Kr/$ ... to prevent arbitrage.
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Business
Guest
T object]user: 7. true or false: someone who serves as a director every day might not hold that title when deployed under an ics structure.
a. true
b. false
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Business
Gilmore
On November 15, Meier Company received $3,000 cash from a customer for services that were performed on November 1. According to the Revenue Recognition Principle, on which date should the revenue be recorded?
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Business
Mohammed Levine
Which of the following is a start-up expense for Maria's food truck?
A) kitchen appliances and other equipment needed to conduct her bussines
B) cellphone bill
C) gas
D) all of the above
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Business
Dominique Wang
In a job order cost system, a credit to Manufacturing Overhead will be accompanied by a debit to:
a. Cost of Goods Manufactured.
b. Finished Goods Inventory.
c. Work in Process Inventory.
d. Raw Materials Inventory.
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Business
Braxton
Which one of the following statements is true? a. A manufacturing company will normally have raw materials, work in process, and finished goods as inventory account classifications. b. A merchandising company will normally have raw materials, work in process, and finished goods as inventory account classifications. c. A merchandising company will normally have raw materials and merchandise inventory as inventory account classifications. d. A manufacturing company will normally have raw materials, work in process, and merchandise inventory as inventory account classifications.
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Business
Dearest
Tony just purchased a set of skis on craigslist. Several people contacted the seller, but Tony offered more money. This is an example of:
a. production efficiency.
b. opportunity cost.
c. allocative efficiency.
d. equity.
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Business
Kirsten Sexton
PA11.
LO 4.6When setting its predetermined overhead application rate, Tasty Box Meals estimated its overhead would be $100,000 and would require 25,000 machine hours in the next year. At the end of the year, it found that actual overhead was $102,000 and required 26,000 machine hours.
Determine the predetermined overhead rate.
What is the overhead applied during the year?
Prepare the journal entry to eliminate the underapplied or overapplied overhead.
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Business
Kylie Pitts
Harold and Zack have pooled their money together to buy real estate but have filed no formal papers to form a business. Harold, a lawyer, handles all the legal matters and Zack, a real estate broker, finds buyers for the property they have subdivided. Harold and Zack are engaged in a:
a. partnership.
b. close corporation.
c a limited liability company.
d. business trust.
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Business
Marc Cline
Uniform Supply accepted a $11,700, 90-day, 8% note from Tracy Janitorial on October 17. What entry should Uniform Supply make on January 15 of the next year when the note is paid? (Assume reversing entries are not made
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