Which of the following journal entries would be recorded if a business performs services and receives cash of $900 from the customer?

Answer:

Business

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Holding operating earnings constant, an increase in the marginal tax rate to 40% would:

A. result in a lower cost of debt B. result in a higher cost of debt capital C. not affect the company's cost of capital

Business

A small vertical lever mounted on a base that steers the cursor on a computer display and provides similar functionality to a mouse is known as a ________

A) Mouse B) Joystick C) Light pen D) Trackball

Business