Supplemental material of secondary interest to some readers belongs in a(n) ____.
A. chart
B. appendix
C. graph
D. separate document
Answer: B
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____________________ is a procedure, which banks often use, of deducting interest in advance when making a loan
Fill in the blank(s) with correct word
The buyer and seller must act in good faith in the performance of a sales contract.
Answer the following statement true (T) or false (F)
On January 1, Year 4, Jones Realty Company issued 8 percent term bonds with a face amount of $1 million due January 1, Year 14 . Interest is payable semi-annually on January 1 and July 1 . On the date of issue, investors were willing to accept an effective interest rate of 6 percent. Assume the bonds were issued on January 1, Year 4 . for $1,148,959 . Using the effective interest amortization
method, Jones Realty Company recorded interest expense for the six months ended June 30, Year 4, in the amount of a. $40,000 b. $80,000 c. $68,938 d. $34,469 e. none of the above
Select the term from the list provided that best matches each of the following descriptions or definitions:Your AnswerDefinition or DescriptionTerm?A. Another term for the current ratio1. Absolute amounts?B. Calculated by dividing dividends per share by the market price per share2. Acid-test ratio?C. Presentation of too much information may serve to confuse users of the information3. Dividend yield?D. Measure of efficiency in using assets; calculated as net sales divided by average total assets4. Earnings per share?E. Measure of immediate debt paying ability5. Information overload?F. A profitability measure, net income divided by net sales6. Inventory turnover?G. Measures the profitability of a company's asset base, also known as return on assets7. Net margin?H. Analysis
technique that compares an item from the financial statements with a key amount from the same year's financial statements8. Average days to collect receivables?I. Indicates the number of times, on average, that inventory is totally replaced during the year.9. Return on investment?J. Net income available for common stock divided by average number of outstanding shares10. Asset turnover?K. Current assets minus current liabilities11. Vertical analysis?L. Ratio that measures how quickly a company collects its accounts receivable; calculated by dividing net credit sales by average net receivables12. Working capital?M. Calculated by dividing 365 by the accounts receivable turnover ratio13. Working capital ratio What will be an ideal response?