Bagels & Donuts Corporation wants to purchase all of the assets of Coffee & Tea Inc Dolly is a Coffee & Tea shareholder. The approval of Dolly and other Coffee & Tea shareholders is necessary
A) in all circumstances
B) in no circumstances.
C) only if Coffee & Tea will be paid with unauthorized, unissued stock.
D) only if Bagels & Donuts agrees to assume Coffee & Tea's liabilities.
A
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The amount of cash that could be received by selling an asset currently is called historical cost
a. True b. False Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Hearing is the process of determining the meaning of verbal and nonverbal messages. 2. Audible talking, the ruffling of papers, or a cell phone going off is known as external noise. 3. Jargon is useful when everyone has a common understanding of the terms at hand. 4. Bias involves discriminating against someone based on their race, ethnicity, beliefs, and so forth. 5. Bias applies to both individuals and groups.
On January 1, 2016, Renee Corp, a lessee, signed a five-year capital lease for new equipment. The lease requires annual payments of $8,000. The first payment is due on December 31, 2016. Renee guaranteed a residual value of $2,000. On December 31, 2020, Renee returned the asset to the lessor, and the asset was appraised at a value of $1,500. Renee should record which of the following on December
31, 2020? A) a $1,500 credit to leased equipment B) a $500 debit to loss on disposal of leased equipment C) a $500 debit to cash D) a $1,500 credit to cash
Answer the following statements true (T) or false (F)
1. A system of safeguards for protecting information technology from threats is known as cyber-defense. 2. The right of people not to reveal information about themselves is known as privacy 3. Among users of social networks, the older the user, the more likely that person carefully monitors the content of the profile and who has access to it. 4. The average worker receives 200 e-mails a day.