If Blando Corporation buys all the existing common shares of Ardeaux Corporation, which has no preferred shares, in exchange for a new class of Ardeaux Corporation preferred shares, the transaction is a(n):
A) merger.
B) acquisition.
C) compulsory share exchange.
D) consolidation.
C
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Relevance is a quality requiring that the information be timely and that it also have predictive value or feedback value or both
Indicate whether the statement is true or false
What has research suggested survey developers to use in order to prevent survey respondents from using a midpoint in the Likert-type scales as a dumping ground?
a. to use a modifier such as “Slightly” before Disagree and Agree b. to provide another option such as “I don’t know” or “Not applicable” c. to conduct a formative meta-evaluation d. to use a semi-structured survey questionnaire
Land costing $46,000 was sold for $79,000 cash. The gain on the sale was reported on the income statement as other income. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land?
A) $79,000 B) $46,000 C) $125,000 D) $33,000
Informational reports emphasize facts; ________ reports emphasize reasoning and conclusions
Fill in the blank(s) with correct word