In reviewing the T-account for Accounts Receivable, you find that the beginning balance is zero, the total increases are $5,400 and the total decreases are $2,100. This means that the ending balance of the account is a credit balance of $3,300

A customer's desire for a product coupled with the buying power or resources to obtain that product is called a ________

A) benefit B) demand C) need D) stake E) service

Chambers Industries has a market capitalization of $800 million and 250 million shares outstanding. The management of this firm plans to raise further capital through a rights issue

Which of the following rights schemes will raise the most money, if all shareholders exercise their rights? A) two rights to purchase one share at $1.60 per share B) three rights to purchase two shares at $1.80 per share C) four rights to purchase three shares at $2.00 per share D) five rights to purchase two shares at $1.50 per share