What is the FDIC?

A) Federal Deposit Insurance Corporation
B) Federal Deposit Insurance Collective
C) Federal Depository Insurance Committee
D) Federal Department of Insurance and Compensation
E) None of the above are correct.

Answer: A

Business

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During the month of February, Hoffer Company had cash receipts of $7,500 and cash disbursements of $8,600. The February 28 cash balance was $1,800. What was the January 31 beginning cash balance?

a. $700. b. $1,100. c. $2,900. d. $0. e. $4,300.

Business

Price discrimination is allowed if a seller can prove that its costs are different when selling to different retailers

Indicate whether the statement is true or false

Business