Flake Company accepted a check from Ramos Company as payment for services rendered by Flake Company. Later Flake's bank statement revealed that Ramos' check was an NSF check. Recognizing the NSF check on Flake's books would act to:
a. Decrease total assets
b. Decrease total owners' equity
c. Both a. and b.
d. Have no effect on Total Assets
d
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If the price of a stock is less than the strike price, a call has no intrinsic value (that is, out of the money).?
Answer the following statement true (T) or false (F)
A distributed architecture is good for ERP systems because they are flexible and scalable
Indicate whether the statement is true or false
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What will be an ideal response?