The income summary account will always reflect the same balance as the merchandise inventory account at the end of the accounting period
a. True
b. False
Indicate whether the statement is true or false
False
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In the general journal, the year appears on the first line of the first column, the month on the next line of the first column, and the day in the second column opposite the month
Indicate whether the statement is true or false
The pricing of intracompany transactions should not have an effect on the determination of the product cost and the selling price to external customers
Indicate whether the statement is true or false
Which of the following is true about job analysis and susceptibility to offshoring?
A. Susceptibility to outsourcing increases when the associated work is difficult to be routinized. B. Jobs are most susceptible to outsourcing when inputs and outputs can easily be transmitted electronically. C. Historically, manual, low-skill jobs were least susceptible to offshoring. D. Susceptibility to offshoring is mainly limited to low-skill jobs, and white-collar jobs are safe.
At its optimal capital structure, the firm's debt/assets ratio will always be lower than the one that maximizes its _____.
A. expected earnings per share (EPS) B. weighted average cost of capital C. beta coefficient D. degree of financial leverage E. net operating income