Investment trust funds and pension trust funds should be accounted for in the same manner as permanent funds.
Answer the following statement true (T) or false (F)
False
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Marketing metrics are too important to be simply an add-on to the marketing or product
manager's responsibilities. Indicate whether the statement is true or false
Which of the following is true of a corporation?? A) ?It is an artificial being, existing only in contemplation of law
B) ?Directors of a corporation as a group do not represent the corporation as agents. C) ?Stockholders perform all the administrative functions of the corporation. D) ?Stockholders directly control the day to day activities of a corporation.
The Retained Earnings account has a beginning balance of $321,975 and an ending balance of $356,413. Net income is $40,251. Which of the following statements is correct?
A. $5,813 would be subtracted when determining cash flows from financing activities. B. $321,975 would be added when determining cash flows from operating activities. C. $34,438 would be added when determining cash flows from financing activities. D. $40,251 would be added when determining cash flows from financing activities.
One should determine the after-tax weighted average cost of capital by
A. adding the weighted average before-tax cost of debt to the weighted average cost of equity. B. adding the weighted average after-tax cost of debt to the weighted average cost of equity. C. dividing the weighted average before-tax cost of debt to the weighted average cost of equity. D. multiplying the weighted average after-tax cost of debt by the weighted average cost of equity.