Most often, the opinions of a firm's personnel are used to develop the advertising platform.
Answer the following statement true (T) or false (F)
True
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(CMA adapted, Dec 92 #10) There are many similarities between lessee and lessor accounting for the capitalization of leases. Which one of the following is a criterion for the capitalization of a lease by a lessee?
a. The lease transfers ownership of the property to the lessee by the end of the lease term. b. The lease term is at least 90% of the remaining life of the asset at the beginning of the lease. c. The present value of the minimum lease payments is 75% or more of the fair market value of the leased asset. d. Future costs are reasonably predictable. e. The lease term is at least 60% of the remaining life of the asset at the beginning of the lease.
Expenses follow the same debit and credit rules as
A) Revenues B) Drawing Account C) Capital Account D) Liabilities
How can you improve the valuation of your company for an early stage investment?
a. Have team members who have already successful started and development ventures. b. Have an outstanding product strategy and business model for monetizing that strategy. c. Start a company in a very hot industry segment or niche where there is already lots of investment and M&A activity. d. All of the above
Indicate whether each of the following statements about equity is true or false. ________ a) Expenses decrease retained earnings.________ b) Stockholders' equity and liabilities can be viewed either as sources of assets or claims to assets of the business.________ c) Retained earnings is increased by loans received from a bank.________ d) Dividends paid to stockholders decrease common stock.________ e) Generally, assets are reported at the actual price paid for them when purchased regardless of subsequent changes in market value.
What will be an ideal response?