The development of contingency plans for the occasions when demand and capacity imbalances exist is accomplished by?
a. Demand modification
b. Demand mitigation
c. Demand misalignment
d. Demand management
d. Demand management
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Cherry Corporation sold $200,000 of 12% bonds at par. Each $1,000 bond carried ten warrants, each of which allows the holder to acquire one share of $10 par common stock for $30 per share. After issuance, the bonds were quoted at 99 ex rights, and the warrants were quoted at $4 each. Cherry Corporation should have assigned to the rights a value of
A) $8,000. B) $7,767. C) $7,500. D) $5,882.
Exhibit 20-4 On January 1, 2016, Average Leasing Company entered into a direct financing lease with a lessee, Lenny Company. The lease agreement calls for five equal annual payments of $75,000 at the beginning of each year with the first payment due on January 1, 2016. The leased property has an estimated residual value of $10,000, which Lenny does not guarantee. The property remains the property
of Average at the end of the lease term. Average desires a 12% rate of return. Present value factors for a 12% interest rate are as follows: Present value of $1 for n = 1 0.892857 Present value of $1 for n = 5 0.567427 Present value of an ordinary annuity for n = 5 3.604776 Present value of an annuity due for n = 5 4.037349 ? Refer to Exhibit 20-4. What is the cost of the leased property to Average (round the answer to the nearest dollar)? A) $308,475 B) $302,801 C) $276,032 D) $270,358
Most British publications, _______________ replace the double quotation marks used in U.S. publications
a. asterisks b. double slashes // c. double greater than/lesser than symbols << >> d. single quotation marks
A bank reconciliation contains all of the following items except ________
a. cash balance according to the bank statement b. adjusted balance at the end of the month c. stockholders' equity balance at the beginning of the month d. cash balance according to the depositor's records