If the present value of a perpetual income stream is increasing, the discount rate must be ________
A) increasing
B) decreasing
C) changing unpredictably
D) increasing proportionally
B
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Cerrato Company has assets of $350,000, liabilities of $130,000, and retained earnings of $180,000 . How much is total owners' equity?
a. $ 40,000 b. $ 170,000 c. $ 220,000 d. $ 350,000
According to the text, noncomparative scales are broadly classified as either continuous or itemized
Indicate whether the statement is true or false
The following data has been collected about Keller Company's stockholders' equity accounts: Common stock $10 par value 30,000 shares authorized and 15,000 shares issued, 2000 shares outstanding$150,000?Paid-in capital in excess of par value, common stock60,000?Retained earnings35,000?Treasury stock25,000?Assuming the treasury shares were all purchased at the same price, the number of shares of treasury stock is:
A. 35,000. B. 60,000. C. 13,000. D. 150,000. E. 30,000.
When stock is issued for noncash assets or services, how does one place a valuation (dollar amount) on the transaction?