Nexis Corp issues 1,000 shares of $15 par value common stock at $22 per share. When the transaction is recorded, credits are made to:
a. Common Stock, $15,000, and Paid-In Capital in Excess of Par, $7,000
b. Common Stock, $22,000, and Retained Earnings, $15,000
c. Common Stock, $7,000, and Paid-In Capital in Excess of Stated Value, $15,000
d. Common Stock, $22,000
a
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______ is the belief that one's native country, culture, language, abilities, or behavior is superior to those of another culture.
A. Reverse discrimination B. Stereotyping C. An ethical dilemma D. Diversity E. Ethnocentrism
On the income statement, a merchandising company reports the cost of merchandise inventory that has been sold to customers
Indicate whether the statement is true or false
When Procter & Gamble (P&G) introduced Liquid Tide to a new segment, consumers in the traditional powdered detergent segment switched to the liquid product. Rather than real sales growth, P&G simply experienced the shifting of existing customers to a new product. This exemplifies a drawback of multisegment targeting strategy called:
A. demarketing B. selective perception C. undifferentiation D. cannibalization E. market repositioning
The Dodd-Frank legislation of 2010 finally resolved the status of GSEs such as Freddie Mac
Indicate whether the statement is true or false