When you are holding preferred stock that you can exchange for a predetermined number of shares of common stock, you are holding ________ stock
A) reissued preferred
B) migratory preferred
C) convertible preferred
D) class B common
E) none of the above
Answer: C
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The following information is reported in the operating activities section of Gateway's statement of cash flows for 2014: Net income $1,200,000 Increase in inventories 600,000 Decrease in accounts payable 400,000 Which one of the following conclusions can be assumed from the information provided?
a. Gateway used the direct method to determine cash flows from operating activities. b. Gateway purchased more merchandise than it sold in 2014. c. Cash payments for merchandise purchases were less than the amount of merchandise purchased on credit during 2014. d. Cash payments for merchandise exceeded cost of goods sold by $200,000.
The primary goal of content listening is to what?
A) To understand and retain information B) To understand the logic of the argument C) To determine the speakers intentions and motives D) To understand the speakers feeling E) To verify key points and look for a summary of a message
According to the text, bibliographies are organized alphabetically ________
A) by author B) by title C) by company D) by topic E) by date
The entry to record the cash sale of a webpage by Tellmore in the amount of $500 is ________
a. debit Sales, $500; credit Cash, $500 b. debit Cash, $500; credit Sales, $500 c. debit Sales Discounts, $500; credit Sales, $500 d. debit Cash, $500; credit Sales Discounts, $500