A __________ is a Web-based presentation, lecture, workshop, or seminar that is transmitted digitally, with or without video.

Mei Company uses the direct method to prepare its statement of cash flows

Refer to the following information reported for 2017: Cost of Goods Sold, $150,000 Merchandise Inventory, beginning balance, $26,000 Merchandise Inventory, ending balance, $64,000 Accounts Payable, beginning balance, $8,100 Accounts Payable, ending balance, $5,000 Operating expenses, $31,000 Accrued Liabilities, beginning balance, $2,500 Accrued Liabilities, ending balance, $6,400 Use the direct method to compute the cash paid to suppliers. (Accrued Liabilities relate to operating expenses.) A) $162,800 B) $164,000 C) $191,100 D) $218,200

Charles Kubert, 17, wanted to buy a car. His father offered to help him, but he insisted on doing it himself. Accordingly, he purchased a brand-new Corvette. A week later, Charles saw a Trans Am he liked better. He took the Corvette back to the dealer. The car dealer told Charles that he could not disaffirm the contract. Is the car dealer correct?

A. A minor is responsible for the fair value of necessities. B. Contracts of minors are voidable. C. Contracts of minors are void. D. An adult may choose to enforce a contract made with a minor