Neither the payback period nor the internal rate of return capital budgeting method recognizes
the time value of money.
Indicate whether the statement is true or false
FALSE
Business
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Clothesall, Inc, a retailer, accepts payment through credit cards
During August, credit card sales amounted to $12,000. The processor charges a 3% fee. Assume that the processor deposits the net amount. Prepare the journal entry for card sales. (Ignore cost of goods sold.) What will be an ideal response
Business
________ provide an easy way to distribute content on the Internet, similar to a newsgroup
A) QR codes B) Wikis C) RSS feeds D) Podcasts
Business