Equity capital to total assets for a bank is a measure of leverage
Indicate whether the statement is true or false
T
You might also like to view...
Which of the following statements is true regarding the early stages of the product life cycle?
A) competition is generic B) there are several competitors C) products are positioned against a particular competitor D) positioning decisions focus more on differentiating benefits and features
Marketing research has often been described as having four stakeholders. These stakeholders have certain responsibilities to each other and to the research project. Which of the following is not one of the stakeholders?
A) the marketing researcher B) the respondent C) the public D) the environment
Determining the unit costs assigned to inventory items is one of the most important decisions in accounting for inventory.
Answer the following statement true (T) or false (F)
ValleyView Company acquires common stock of Kansas Enterprises for $400,000 on November 1, 2013, and designates this investment as available-for-sale. The fair value of these shares is $435,000 on December 31, 2013 . ValleyView sells these shares on
August 15, 2014, for $480,000. (Refer to ValleyView.) The journal entry to record acquisition of securities available-for-sale on November 1, 2013 is: a. Cash . . . . . . . . . . . . . . . . . . . . . .400,000 Marketable Securities . . . . . . . . . . . . . .400,000 b. Cash . . . . . . . . . . . . . . . . . . . . . .400,000 Common Stock . . . . . . . . . . . . . . . . . 400,000 c. Common Stock . . . . . . . . . . . . . 400,000 Cash . . . . . . . . . . . . . . . . . . . . . . . 400,000 d. Marketable Securities . . . . . . . . 400,000 Cash . . . . . . . . . . . . . . . . . . . . . . . 400,000 e. Marketable Securities . . . . . . . . 400,000 Common Stock . . . . . . . . . . . . . . . . . 400,000