Which situation best illustrates the barter system of exchange? O A. Selling a computer over the Internet
O B. Building your own house to live in
с.
Buying a boat from a friend
O D. Trading somebody a car for a truck

Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?

You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?

Which of the following statements about corporate culture is true? diversity in the workplace can lead to better performance corporate culture, while important, has not been related to performance the elements of a corporation's environment that are visible (dress, offices, etc.) represents the organization's corporate culture at all levels