Postings made to standard account forms show a new balance after each entry.

Sales at East Corporation declined from $100,000 to $80,000, while net operating income declined by 300%.Given these data, the company must have had an operating leverage of:

A) 15
B) 2.7
C) 30
D) 12

Which of the following is the first step in the accounting cycle?

A) Record transactions
B) Examine source documents
C) Post transactions
D) Prepare financial statements
E) Generate annual reports

A ______ environment is created when conduct directed at a personal because of their sex or sexuality interferes with the person's ability to perform his or her job.

Rebex Chemical Company manufactures Compound 2 in two sequential departments. On June 1, Department 2 had 3000 units, which were 50 per cent complete as to conversion cost. During June, 15 000 units were completed and transferred from Department 1. On June 30, Department 2 had 4000 units, which were 20 per cent complete as to conversion costs. How many units were completed and transferred from Department 2 during the month of June?

A) 11 000
B) 12 500
C) 14 000
D) 15 700

The following is a list of accounts and their balances for Benson Company for the month ended June 30, 20xx. Prepare a trial balance in good form.

If a monopolist engages in price discrimination,it will:

A) realize a smaller profit.
B) charge a higher price where individual demand is inelastic and a lower price where individual demand is elastic.
C) produce a smaller output than when it did not discriminate.
D) charge a competitive price to all its customers.