In a foreclosure sale, what kind of deed does the mortgagor receive?
a. sheriff's deed
b. executor's deed
c. quitclaim deed
d. none of the above
Answer: d. none of the above
Business
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When a company pays for inventory previously purchased on account, the balance of:
a. cash will increase b. inventory will decrease c. accounts payable will increase d. inventory will increase e. accounts payable will decrease
Business
For a company that manufactures plastic signs, the printing press to make the signs, the manager's salary, and the utilities are all examples of ________
A) fixed costs B) average fixed costs C) variable costs D) marginal costs E) everyday costs
Business