Sanctions are the means by which the law enforces the decisions of the courts.?
Indicate whether the statement is true or false
True
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Because of changing market conditions, Friendly Corporation made the decision to redeem $300,000 of its bonds prior to maturity. The bonds had been issued at a discount and the balance in the discount account at the time of redemption was $15,000 . The corporation's bond certificates indicated that the bonds could be retired early at 103 . Friendly's retirement of the bonds would result in a(n)
a. loss of $24,000. b. gain of $6,000. c. decrease in owners' equity of $9,000. d. increase in assets of $15,000.
When a company has earned a net income, the net income amount is entered on the work sheet on the
a. credit side of the Income Statement columns and the debit side of the Balance Sheet columns. b. debit side of both the Income Statement and the Balance Sheet columns. c. debit side of the Income Statement columns and the credit side of the Balance Sheet columns. d. credit side of both the Income Statement and the Balance Sheet columns.
Capacity management is one of the ways to meet potential problems related to the ________ characteristic of services
A) intangibility B) perishability C) variability D) inseparability E) responsiveness
American firms contribute to reverse brain drain from the U.S. by
A. outsourcing knowledge work, which pulls talent back to the home country. B. hiring globally. C. encouraging their best U.S. researchers to accept foreign postings. D. terminating foreign workers.