account for its merchandise. On May 1‚ it returned $50 of merchandise due to a defect. Assuming that the purchase was originally bought on credit‚ demonstrate the required journal entry. -Account Payable DR: 50 -Merchandise inventory CR: 50 On June 5‚ X-mart purchased $400 of merchandise with terms of 2/10‚ n/30. If payment is made on June 11‚ calculate the purchase discount that may be taken by X-mart. 400*.02=$8 FOB destination: The seller is responsible for the shipping costs of merchandise sold
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A) it typically focuses on a single subject area or line of business. B) all of the information belongs to a single company. C) it uses a Web interface. D) all the information is historical. 5) Which of the following is not a characteristic of packet switching? 5) __D____ A) Packets travel independently of each other. B) Packets are routed through many different paths. C) Packets include data for checking transmission errors. D) Packet switching requires
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CHAPTER 10: RACE AND ETHNICITY Key 1. A social category of people who share a common culture‚ language‚ national background or religion is referred to as a(n) _____. A. minority group B. dominant group C. racial group D. ethnic group 2. In order for a group to be considered an ethnic group they must A. look different than the members of other ethnic groups. B. speak the same language as other members of the group. C. share an identity they see as different from that of others on society. D
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Chapter 5 Outline The Triumph of the British Empire A fragile peace King George’s War failed to establish either Britain or France as the dominant power in North America‚ and each side soon began preparations for another war. The Ohio valley became the tinderbox for conflict. It was the subject of competing claims by Virginia‚ Pennsylvania‚ France‚ and the Six Nations Iroquois‚ as well as by the Native Americans who actually lived there. Seeking to drive traders from the River valley‚ the
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5-1A. During the year‚ Plum Company has a SUTA tax rate of 4.8%. The taxable payroll for the year for FUTA and SUTA is $123‚400. Compute: a. Net FUTA tax ............................................... $ 987.20 b. Net SUTA tax ............................................... $ 5‚923.20 c. Total unemployment taxes ............................ $ 6‚910.40 5-2A. Peyton Company’s payroll for the year is $737‚910. Of this amount‚ $472‚120 is for wages paid in excess of $7‚000 to each individual
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refers to the pronunciation differences of a standard language‚ a dialect‚ in addition to pronunciation variation‚ has distinctive grammar and vocabulary. Example: The word “y’all” is used in the south‚ almost specifically to that group of people. 5. Nostratic - hypothesized ancestral language of Proto-Indo-European‚ as well as other ancestral language families. Example: The language from which the Proto-Indo-European languages derived. 6. standard language - variant of a language that a country’s
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The Hidden Side of Freakonomics Freakonomics by Steven D. Levitt and Stephen J. Dubner is a book aimed at exposing the secret within everything. The authors prove that in many cases‚ two items don’t have to be connected because they are correlated. Moreover‚ two unrelated items can in fact be connected. Proving so was less difficult than it would seem. All it took was the right information. They were able to prove the most unlikely of correlations. The authors stress that in a world where incentives
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207 1/16/14 Freakonomics Theme Analysis Freakonomics by Steven D. Levitt and Stephen J. Dubner shows that in life‚ everything has a hidden side. The book also discusses many topics‚ such as: incentives are the cornerstones of modern life‚ the conventional wisdom is frequently wrong‚ dramatic effects often have distant causes‚ “experts” often use their informational advantage to serve their own agenda‚ and knowing what to measure and how to measure it makes a complicated world much less so
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Review questions 1-10 Pages 146-147 1. Describe the three different kinds of material that can erupt from a volcano. Products of eruption come in three forms; lave flow‚ which can be Basaltic‚ Andesitic or Rhyolitic lava. A volcano also erupts pyroclastic debris (when lava flies into the air and freezes) and gases. 2. Contrast a pyroclastic flow with a lahar. Pyroglastic debris are blasting clots of lava‚ and the lahar are like mudslides that can reach up to 50km per hour. When the
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Freakonomics – Focal point. While watching the documentary on freakonomics‚ the topic that stood out to me the most was the baby names topic. It was made very clear that names were important and it determined how people perceived you. It was also made very clear that names do not guarantee you to be an absolute success or an absolute failure. A topic that stood out the most in the documentary was the “black” names. I would put this in quotation because this documentary did state that some names
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