Question and answer
Which of the following is a product that is considered a commodity? A. new automobiles B. low-grade gasoline C. wrapping paper D. apple candy
Low-grade gasoline is a product that is considered a commodity.
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dennis003|Points 1020|
Question|Asked by jaerica
Asked 4/9/2017 4:08:16 PM
Updated 4/10/2017 3:59:07 AM
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This answer has been confirmed as correct and helpful.
Edited by jeifunk [4/10/2017 3:59:06 AM], Confirmed by jeifunk [4/10/2017 3:59:07 AM]
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Questions asked by jaerica
Which of the following is not a type of business organization? A. Corporation B. Partnership C. Sole proprietorship D. Operation
Weegy: Operation is NOT a type of business organization. (More)
Question|Asked by jaerica
Updated 4/2/2017 2:32:50 PM
0 Answers/Comments
Which of the following would result if a business purchased equipment with a 40% down payment in cash? A. Equipment would increase, and Cash would decrease. B. Accounts Payable would increase. C. Since the equipment hasn’t been paid in full, there’s nothing to record. D. Both A and B
Weegy: Equipment would increase and Cash would decrease; and Accounts Payable would increase- would result if a business purchased equipment with a 40% down payment in cash. (More)
Question|Asked by jaerica
Updated 4/2/2017 2:32:42 PM
0 Answers/Comments
Mary invested cash in her new business. Which effect will this have? A. Increase an asset; increase a liability B. Decrease an asset; increase a liability C. Increase an asset; increase owner’s equity D. Increase an asset; decrease owner’s equity
Weegy: Mary invested cash in her new business. This will have the effect of: increase an asset; increase owner's equity. (More)
Question|Asked by jaerica
Expert Answered
Updated 4/2/2017 1:18:34 PM
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A partnership is a business that A. is easy to form. B. ends with the death of a partner. C. is owned by more than one person. D. All of the above
Weegy: ALL OF THE ABOVE. A partnership is a business that is easy to form, ends with the death of a partner and is owned by more than one. (More)
Question|Asked by jaerica
Expert Answered
Updated 4/2/2017 2:21:13 PM
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