Having a compensating balance increases a company's liquidity
Indicate whether the statement is true or false
F
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Antonio and Barbara are partners who share income in the ratio of 1:2 and have capital balances of $40,000 and $70,000 at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $80,000 . What amount of loss on realization should be allocated to Barbara?
a. $80,000 b. $10,000 c. $20,000 d. $30,000
In the context of consumer privacy, which of the following statements is true of consumers' personal information?
A. Tracking of personal information is done anonymously so that consumers seldom know that it is occurring. B. Social media companies are legally prohibited from selling the personal information of their users to advertisers. C. Digital marketing techniques have eliminated the ethical concerns that were raised during the traditional advertising era. D. Today's digital marketers have limited access to general demographic data based on age, gender, and income.
All five of the Hofstede’s cultural values were significantly and positively related to which of the following?
A. performance B. organizational commitment C. low turnover D. low absenteeism
When a capital lease for equipment is signed, the lessee records a liability called
a. lease liability. b. future value of capital lease payments. c. equipment. d. equipment leasehold. e. present value of capital lease payments.