Sydney is paying close attention to Professor Escobar’s lecture on AI (artificial intelligence). She hopes to learn a great deal by using which type of listening?
A. appreciative
B. comprehensive
C. critical
D. empathetic
B. comprehensive
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A bank loaned Darden Company $10,000 on a 1-year, 6% note, but deducted the interest in advance. The journal entry made by Darden to record receipt of the cash would include a
a. an increase in Cash for $9,400 b. an increase in Cash for $600 c. a decrease in Notes Payable for $10,600 d. a decrease in Notes Payable for $9,400
On December 1, 2016, Old Car Co borrowed money at the bank by signing a 90-day non-interest-bearing note for $24,000 that was discounted at 8%. Which of the following entries is correct?
A) March 1, 2017Note Payable 23,520Cash 23,520 B) December 31, 2016Interest Expense 160Interest Payable 160 C) December 1, 2016Cash 24,000Note Payable 24,000 D) December 31, 2016Interest Expense 160Discount on Notes Payable 160
Many leases permit a landlord to enter the leased premises, even if the tenant is not present, to
a. inspect the property. b. make repairs. c. show the property to prospective tenants. d. all of these.
Which of the following is considered in designing a dividend policy that is favorable to wealthy owners?
A) the tax status of the firm's owners B) the political risk of the firm C) the liability of the firm's owners D) the reinvestment risk of the firm