External noise includes sounds from conversations, radios, televisions, CD players, machinery, and so on
Indicate whether the statement is true or false
TRUE
External noise includes sounds from conversations, radios, televisions, CD players,
machinery, and so on. Noise can affect your ability to listen.
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A new company issues 2,000 shares of $5 par common stock in exchange for the services of a lawyer during its first month of business. The lawyer's normal fee is $15,000 for similar work. Which of the following would be recorded if the stock is not currently trading?
a. A debit to Common Stock for $10,000 b. A credit to Common Stock for $15,000 c. A debit to Additional Paid-In Capital—Common Stock of $5,000 d. A credit to Additional Paid-In Capital—Common Stock of $5,000
The number of times interest charges are earned is calculated as ________
a. Income before income tax + Interest expense / Interest expense b. Income before income tax / Interest expense c. Income before income tax ? Interest expense / Interest expense d. Interest expense / Income before income tax
Which of the following best defines a surviving corporation?
A) a corporation that continues its operations after filing for bankruptcy B) a corporation that has been in existence for at least 50 years C) a proprietorship or partnership that evolved into a corporation D) a corporation that continues to exist after a merger
When using consecutive adjectives in writing, no comma follows the last adjective in a series
Indicate whether the statement is true or false