Limited liability and indefinite business life are characteristics of a corporation.
Answer the following statement true (T) or false (F)
True
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______ are letter combinations or spoken sounds that were arbitrarily selected at some point to stand for the things or referents about which we speak.
Fill in the blank(s) with the appropriate word(s).
Orlov Corporation purchased 22,000 shares of Matsey Corporation common stock for $40 per share on January 1, 2009 . Matsey reported net income of $120,000 for 2009 and paid dividends of $45,000 during 2009 . As of December 31, 2009, the market value of Matsey Corporation common stock was $39 per share. Assuming the shares owned by Orlov represent 10 percent of the total outstanding stock of
Matsey, the year end adjustment entry in Orlov Corporation's books is: a. Cash 22,000 Dividend Income 22,000 b. Cash 22,000 Long-Term Investments 22,000 c. Unrealized Loss on Long-term Investments 22,000 Allowance to Adjust Long-Term Investments to Market 22,000 d. Loss on Long-Term Investments 22,000 Allowance to Adjust Long-Term Investments to Market 22,000
According to the creative process outlined by Graham Wallas, which of the following stages deals with seeing the light or solution?
A. incubation B. illumination C. verification D. dramatization E. preparation
The actual hamburger is included in which category of making a hamburger?
A. Input B. Output C. Process D. All of these