Majesty Productions accepted a $7,200,120-day,6% note from Swartz Studio on March 1.On the date the note matures,Swartz is unable to pay,but Majesty intends to continue collection efforts.What entry should Majesty record on the maturity date for this dishonored note?

A) Debit Accounts Receivable $7,200; credit Notes Receivable $7,200.
B) Debit Accounts Receivable $7,200; credit Allowance for Doubtful Accounts $7,200.
C) Debit Bad Debt Expense $7,344; credit Notes Receivable $7,344.
D) Debit Accounts Receivable $7,344; credit Interest Revenue $144; credit Notes Receivable $7,200.
E) Debit Accounts Receivable $7,056; debit Interest Revenue $144; credit Notes Receivable $7,200.

Suppose Cyd knows the average total cost of producing 9 scones is $5,while the average total cost of producing 10 scones is $5.20.What is the marginal cost of the tenth scone?

A) $7.00
B) $5.20
C) $0.20
D) $5.00

The reaction criterion for training evaluation evaluates which of the following?

A) the set-up of the program
B) the effectiveness of the program
C) desired behavioural changes
D) the skills and knowledge acquired
E) overall organizational results and benefits

The diamond/water paradox states that things with the ________ value in use frequently have ________ value in exchange.

A) least; the least
B) least; little or no
C) greatest; little or no
D) greatest; the greatest

the method for accounting for investments of 20-50% in another company's stock

Simply finding property and holding onto it gives the finder all legal rights in it.

As defined it the text, the ending balance in retained earnings equals the beginning balance in retained earnings plus net operating income minus dividends.

Which of the following is not an aspect of the institutionalization of social responsibility?

A) Voluntary practices
B) Legal responsibilities
C) Core practices
D) Familial responsibilities
E) Strategic philanthropy

Using games is not as effective as traditional business communications in creating customer engagement and loyalty.

A liability may exist even if there is uncertainty about whom to pay,when to pay,or how much to pay.