Diluted earnings per share should be a more conservative (lower) figure than basic earnings per share
Indicate whether the statement is true or false
T
You might also like to view...
A seller's form clearly states no warranty is included. The buyer's form states that the seller warrants the goods for one year. In this case
a. no contract can be created. b. the warranty term is a "different term," and the majority of states hold that a contract can be formed but the contradictory terms cancel each other out. c. the warranty term is an "additional term" that becomes part of the contract in most states. d. the warranty term is a "different term," which in most states becomes part of the contract unless the seller promptly objects.
Shoe Sunshine, Inc filed for bankruptcy protection under Chapter 11 and submitted a plan of reorganization within 120 days after filing for relief. Two of the classes of creditors voted against the plan. However, the bankruptcy judge considered the plan to be reasonable, achievable, and fair, and approved it in spite of these creditors' objections. This action by the judge is called a "cramdown."
a. True b. False Indicate whether the statement is true or false
Which of the following is NOT a key direct benefit from effective internal or external scheduling?
A) lower cost B) greater use of assets C) more dependable delivery D) higher quality E) added flexibility
The non-cash investing and financing activities section of the statement of cash flows appears as a separate schedule of the statement of cash flows or in the notes to the financial statements
Indicate whether the statement is true or false