As of December 31, Year 2, Bristol Company had $100,000 of assets, $40,000 of liabilities and $25,000 of retained earnings. What percentage of Bristol's assets were obtained through investors?
A. 35%
B. 25%
C. 40%
D. 60%
Answer: A
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Wendell Company owns 28% of the common stock of Porter Company and accounts for the investment using the equity method. Assuming that Wendell Company purchased the stock several years ago, the balance in the investment account would be equal to the cost of the
a. investment only b. investment plus Wendell's share of Porter's net income earned since the investment was purchased c. investment plus the total amount of dividends Wendell has received from Porter since the investment was purchased d. investment plus Wendell's share of Porter's net income earned since the investment was purchased minus the total amount of dividends Wendell has received from Porter since the investment was purchased
OLAP stands for on-line application processing
Indicate whether the statement is true or false
When a supplier's computer automatically processes an online order from a customer, schedules production activities for the order, and then sets up delivery of the finished product to the customer, what approach is being used?
A. just-in-time (JIT) delivery system B. electronic data interchange (EDI) C. contractual method D. fast-schedule method E. containerization technique
________ are the name of treaties that have helped investors avoid legal problems associated with sovereign debt
A) Bilateral trade treaties B) Bilateral investment treaties C) Free trade zone treaties D) Currency union treaties