A creditor-debtor relationship between a customer and a bank is created if the customer writes a check against his or her checking account
Indicate whether the statement is true or false
FALSE
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The following information was obtained from the Warrior Corporation's financial statements for the year ending December 31, 2018:Bonds with a maturity value of $600,000 were issued for cash.
The premium on bonds payable account increased $12,500 during the year. Bond interest expense was $30,500. There was $500 of amortization of premium on newly issued bonds payable. Retained earnings increased $119,300 during the year. A 5% common stock dividend resulted in 5,000 shares of $5 par value common stock being issued at a time when the market price per share was $17. Common stock was sold in exchange for cash. The common stock account increased $70,000 during the year. The additional paid-in capital account increased $210,000 during the year. Net income for the year was $217,400. Required:Determine the cash flow from financing activities for the year ending December 31, 2018. What will be an ideal response?
A primary purpose of vertical analysis is to observe trends over a five-year period
Indicate whether the statement is true or false
Describe how organizational roles impact employee stress levels and job performance.
What will be an ideal response?
When do additional terms contained in an acceptance become part of the contract as per the battle of the forms rule?
A) if the additional terms materially alter the original contract B) if the sale is between two nonmerchants C) if the additional terms expressly limit the acceptance to the terms of the offer D) if the offeror notifies the offeree that he or she does not object to the additional terms