A third party beneficiary's status occurs
A. after an assignment and delegation.
B. when the third party is informed of the contract.
C. when the third party beneficiary agrees to the contract terms.
D. when the contract is created.
Answer: D
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A positive financial leverage indicates that:
a. the return on borrowed funds exceeds the cost of borrowing those funds. b. the company sold more inventory while maintaining less inventory on hand. c. the days to collect receivable is less than the days to pay creditors. d. the cost of borrowing funds exceeds the return on those borrowed funds.
Rowan, Inc.'s, income statement is shown below. Based on this income statement and the other information provided, calculate the net cash provided by operations using the indirect method.Rowan, Inc.Income StatementFor Year Ended December 31Sales? $248,000Cost of goods sold? 116,000Gross profit? $132,000Operating expenses?? Wages and salaries expense $ 44,000? Rent expense 16,000? Depreciation expense 30,000? Other operating expenses 18,000 108,000Income from operations? $ 24,000Gain on sale of equipment? 26,000Income before income taxes? $ 50,000Income taxes expense? 17,500Net income? $ 32,500?Additional information:Increase in accounts receivable$ 4,000Increase in accounts
payable 16,000Increase in income taxes payable 300Decrease in prepaid expenses 10,000Decrease in merchandise inventory 14,000 What will be an ideal response?
In comparison to active voice, passive voice:?
A) ?reveals the doer of an action. B) ?subordinates an unpleasant thought. C) ?reinforces finger-pointing. D) ?conveys ideas more vividly.
Simulation that is used with queuing models are probabilistic and do not have Poisson arrivals nor exponential service times
Indicate whether the statement is true or false