It is through foreign keys that you can create relationships among tables and enforce certain types of ____________________ constraints in a database
Fill in the blank(s) with correct word
integrity
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In a statement of cash flows, interest payments to lenders should be classified as cash outflows for
a. operating activities. b. financing activities. c. investing activities. d. lending activities. e. exchange transactions.
A firm has sales of $1,750,000, pretax income of $545,000, a tax rate of 35%, assets of $7,500,000, and total liabilities of $3,000,000. Calculate the firm’s ROE using the quality of earnings approach.
What will be an ideal response?
Bonds with a face amount $1,000,000, are sold at 98. The entry to record the issuance is
A) Cash 1,000,000 Premium on Bonds Payable 20,000Bonds Payable 980,000 B) Cash 980,000Premium on Bonds Payable 20,000Bonds Payable 1,000,000 C) Cash 980,000Discount on Bonds Payable 20,000Bonds Payable 1,000,000 D) Cash 980,000Bonds Payable 980,000
A business repays the amount borrowed on a note with cash. Which of the following accounts is credited?
A) Accounts Payable B) Cash C) Notes Payable D) Notes Receivable