The Yankee Corporation has recently begun to accept credit cards. On July 7, Yankee made a credit card sale of $600. The credit card company charges a fee of 3%.Which of the following correctly shows the effects of the sale on July 7? Assume that the credit card fee is recorded on the date of sale. Assets=Liab.+EquityRev.−Expenses=Ne t Inc. Cash FlowA.600=18+582582−NA=582NAB.582=N A+582600−18=582582 OAC.582=NA+582600−18=582NAD.600=NA+ 600600−NA=600NA
A. Option A
B. Option B
C. Option C
D. Option D

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

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En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?