Which of the following is correct for a firm that reduces its accounts receivable balance from the previous quarter?
A) collections exceeded sales
B) sales exceeded collections
C) collections exceeded beginning receivables balance
D) beginning receivables balance exceeded sales
Answer: A) collections exceeded sales
Business
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In recent years, convenience stores have redesigned their stores to closely focus on serving their primary target market made up of young, blue-collar men
Indicate whether the statement is true or false
Business
Which of the following is true of American anti-trust laws?
A. It does not require the defendant to have personal jurisdiction. B. It is not affected by the long arm statute. C. It can only award treble charges in cases involving the government. D. It can be applied only when the court has subject-matter jurisdiction.
Business