Which of the following statements is correct concerning restrictive covenants?
A) Restrictive covenants that have not been enforced or observed are nevertheless valid and enforceable.
B) Restrictive covenants take precedence over conflicting statutes.
C) Restrictive covenants generally impose some limitations on the landowner's use of the property.
D) If any uncertainty exists in the interpretation of a restrictive covenant, the covenant will be interpreted liberally in favor of the limited use of the land.
C
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On January 1, 2016, the long-term liability section of Eden Company's balance sheet showed a balance of $35,000 in the bonds payable account. On December 31, 2016, the balance in that same account was $20,000 . This change would appear on the statement of cash flows as
a. an outflow of cash of $15,000 in the financing activities category. b. an inflow of cash of $15,000 in the financing activities category. c. an outflow of cash of $15,000 in the investing activities category. d. an inflow of cash of $15,000 in the investing activities category.
An analyst examines changes in a firm's ratios over the three-year period—a so-called cross-section analysis
Indicate whether the statement is true or false
Companies A and B are in the same industry and are identical except for cost structure. At a volume of 50,000 units, the companies have equal net incomes. At 60,000 units, Company A's net income would be substantially higher than B's. Based on this information,
A. At a volume of 50,000 units, Company A's magnitude of operating leverage was lower than B's. B. Company A's cost structure has more variable costs than B's. C. Company A's cost structure has higher fixed costs than B's. D. Company B's cost structure has higher fixed costs than A's.
What element below focuses on what people perceive as fairness in workplace practices?
a. Organizational justice b. Compositional morality c. Compositional justice d. Organizational morality