The Financial Accounting Standards Board (FASB) began in 1973 after the AICPA phased out the Accounting Principles Board (APB)
Indicate whether the statement is true or false
True
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A "budget," "no-frills" airline may employ all of the following except:
a. Limited aircraft models used b. First-class seating c. Online-only ticket reservations d. No meal offerings
Jayson has been working in a new country for about a year now. He has a good grasp of how this new culture operates and he feels that he can handle most situations that he comes across. He has even started to value the differences that this new culture has to his own. Jayson is in which stage of culture adaptation?
a. Autonomy b. Disintegration c. Reintegration d. Independence
Calculate the debt ratio using the following trial balance of Harmony Instruments, Inc. as of December 31, 2017
Harmony Instruments, Inc Trial Balance December 31, 2017 Account Title Debit Credit Cash $88,800 Accounts Receivable 5,000 Office Supplies 3,400 Equipment 2,000 Building 16,500 Land 70,000 Accounts Payable $ 15,000 Notes Payable 60,000 Common Stock 50,000 Dividends 1,200 Service Revenue 72,000 Utilities Expense 4,100 Salaries Expense 4,000 Advertising Expense 2,000 _______ Total $197,000 $197,000 What will be an ideal response
Which of the following statements is true of marginal cost of capital??
A. All else equal, an increase in the tax rate would decrease the marginal cost of debt capital.? B. ?All else equal, an increase in a company's stock price will increase the marginal cost of retained earnings. C. ?All else equal, an increase in a company's stock price will increase the marginal cost of issuing new common equity. D. ?All else equal, an increase in the capital raised in a period will decrease the marginal cost of debt capital. E. ?All else equal, an increase in the weighted cost of capital will decrease the marginal cost of retained capital.