Ownership of debt instruments of the government and other companies that can be readily converted to cash are best reported as:
a. long-term investments.
b. cash.
c. marketable securities.
d. intangibles.
e. inventory of near-cash items.
C
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Tracing copies of sales invoices to shipping documents will provide evidence that all:
A. shipments to customers were billed. B. accounts receivable ledger is complete. C. billed sales were shipped. D. shipments to customers were recorded as receivables.
Calculate the payback period for Investment A. (Round your answer to two decimal places.)
Dragonfly, Inc. is evaluating two possible investments in depreciable plant assets. The company uses the straight-line method of depreciation. The following information is available:
A) 2.22 years
B) 2.89 years
C) 1.00 year
D) 3.61 years
Give an example of a speech topic that would be appropriate for the chronological pattern and explain why.
What will be an ideal response?
The ________ doctrine states that the act of a government within the boundaries of its own territory is not subject to judicial scrutiny in a foreign municipal court
A. vested rights B. most significant relationship C. act of state D. governmental interest