Which type of statement says something that describes how the world currently is?

a) normative

b) positive

c) neither

Closing entries transfer the balances of all temporary accounts (revenues, expenses, and dividends) to the Common Stock account. True / False.

Has someone ever repeatedly asked for your phone number and refused to take "no" for an answer? Now when that individual asks for your phone number, you can give this bothersome person the number for the Rejection Hotline, which will explain that

Motorola's worldwide advertising campaign for cell phones is an attempt to provide a common theme and presentation in all markets including consumers in North America, Europe, Asia, Africa, Australia and South America.

A corporation called an outstanding bond obligation four years before maturity. At that time there was an unamortized discount of $300,000. To extinguish this debt, the company had to pay a call premium of $100,000.

produces deluxe razors that compete with Gillette's Mach line of razors. Total manufacturing costs are $ 170 comma 000 when 20 comma 000 packages are produced. Of this amount, total variable costs are $ 80 comma 000.

General Electric manufactures electric motors for its clothes dryers. The firm uses a formal vendor rating system to evaluate suppliers and notify those whose parts did not meet quality standards.

When quantity demanded is greater than quantity supplied, the resulting shortage causes the price to fall?

When visiting your sister, you notice that her infant enjoys watching a mobile that hangs over his head. of the various objects hanging on the mobile, which ones are likely to get more of his attention?

Power Pumps produces a variety of commercial sump pumps. One of their models-Mighty Mo-is produced in a small plant in Missouri. Next year, Power Pumps anticipates on selling 2,000 units of the Mighty Mo.

What type of stores rely on their large size and very deep selection to try to dominate the market?