A promise to do what one already has a legal duty to do constitutes legally sufficient consideration.

a. True

b. False

Kalifornia Koffee markets its coffee as coming from organic plantations that reflect sustainable agriculture practices.

Your neighbor John has a barking dog. Which of the following statements is true? A. It does not create any externalities because you do not own the dog. B.

Why accountants important?

Consider the following spot interest rates for maturities of one, two, three, and four years. r1 = 4.1% r2 = 4.5% r3 = 5.2% r4 = 6.

The two methods of accounting for uncollectible receivables are the allowance method and the A. equity methodB. direct write-off methodC. interest methodD. cost method

Escobar and Rose are both age 36 and file a joint return. Neither is covered under an employer plan. Escobar earned $121,000 of compensation in 2018. Rose worked part-time and earned $1,200.

Potato Company began the period with an accounts receivable balance of $2,562 and a balance in the allowance for doubtful accounts of $393 The following transactions occurred in Potato Company a.

A company that markets a vitamin supplement produces a commercial that has the stated purpose of simply delivering straight information about the product. It is still an attempt to directly generate sales. T/F

Jose wanted to make a graph to show his budget for the month. what type of graph would be the most appropriate to graph for jose to use? a. bar graph b. line graph c. histogram d. circle graphs

What is defined as "the withdrawal of investments from activities (and regions) that yield low rates of profit in order to reinvest in new activities (and new places) "?