The intrinsic value of an asset equals the present value of all future cash flows at a given discount rate
Indicate whether the statement is true or false.
Answer: TRUE
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Which of the following statements is true?
a. An entry in a general ledger account can be traced to the trial balance by referring to the page listed in the posting reference column of that ledger account. b. The posting of an amount recorded in the general journal can be verified by referring to the account number listed in the posting reference column on that line in the general journal. c. Business transactions are recorded first in the general ledger; then that information is transferred to the general journal. d. No explanation is needed for each entry in the general journal.
Which of these is true regarding audience involvement during a presentation?
a. Audience involvement is not important in a learning environment. b. Involvement should be used to help audience members get over their stage fright. c. Involvement helps the speaker connect and engage with the audience. d. Involvement risks eroding audience members’ attention because they know they might be asked to participate.
A preemptive right means shareholders can purchase their proportional share of common stock issued later by the corporation.
Answer the following statement true (T) or false (F)
A recently divorced man contacts a law office seeking assistance. His ex-wife has filed numerous actions to try and recover money and assets from her ex-husband, forcing him to spend thousands of dollars on legal fees
The couple was married for only three months, and they accumulated no assets. They rented an apartment, and each made $30,000 a year. The facts indicate that these were frivolous actions of the ex-wife. The man can likely sue for: A) civil fraud. B) defamation. C) malicious prosecution. D) trespass.