Seasonal buildups of inventory and receivables are generally financed with ________
A) short-term loans
B) long-term loans
C) retained earnings
D) stockholders' equity
A
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In a meeting to discuss pension plans, management decides to offer retirement plans exclusively to the organization's owners and top managers. Jeremy, one of the top managers, disagrees with this decision because he believes the company can benefit more by providing pensions to a broad range of employees. Which statement strengthens Jeremy's belief?
A. Pension plans are determined exclusively by state and federal laws. B. Extending pension plans to employees at all levels will triple the costs. C. The ADEA provides more favorable tax treatment of benefits when they are offered to a broad range of employees. D. A top-heavy plan requires faster vesting for non-key employees. E. Nondiscrimination rules provide tax benefits to plans that do not favor the organization's highly compensated employees.
Which of the following terms can be defined as « the shared attitudes, values, beliefs, and customs of members of a social unit or organization »?
a. organization b. intervention c. culture d. employee involvement
Which of the following is not a requirement of adverse possession?
A) possessor openly treats the realty as his or her own B) possessor pays valuable consideration for the realty C) no protest or permission from the real owner D) compliance with statutorily prescribed period of time
[The following information applies to the questions displayed below.]On January 1, Year 1, the Platte Corporation issues a 5-year note payable for $5,000. The interest rate is 5% and the annual payment of $1,156, due each December 31, includes both interest and principal.Which of the following correctly shows the effect of the issuance of the note on Platte's financial statements? Assets=Liab.+Stk.EquityRevenue?Expense=Net Inc.Stmt. ofCash FlowsA.5,000=5,000+NANA?NA=NA+FAB.5,000=5,000+NANA?NA=NA+OAC.5,000=NA+5,000NA?NA=NA+FAD.NA=5,000+(5,000)NA?5,000=(5,000)NA
A. Option A B. Option B C. Option C D. Option D