The footnote number should be placed __________________
a. before a direct quotation
b. in the middle of the sentence
c. after all punctuation, except for a dash
d. at the end of each paragraph
c
You might also like to view...
Pace Corporation acquired 100 percent of Spin Company's common stock on January 1, 20X9. Balance sheet data for the two companies immediately following the acquisition follows:ItemPaceCorporationSpinCompanyCash $30,000 $25,000 Accounts Receivable 80,000 40,000 Inventory 150,000 55,000 Land 65,000 40,000 Buildings and Equipment 260,000 160,000 Less: Accumulated Depreciation (120,000) (50,000) Investment in Spin Company Stock 150,000 Total Assets $615,000 $270,000 Accounts Payable $45,000 $33,000 Taxes Payable 20,000 8,000 Bonds Payable 200,000 100,000 Common Stock 50,000 20,000 Retained Earnings 300,000 109,000 Total Liabilities and
Stockholders' Equity $615,000 $270,000 At the date of the business combination, the book values of Spin's net assets and liabilities approximated fair value except for inventory, which had a fair value of $60,000, and land, which had a fair value of $50,000. The fair value of land for Pace Corporation was estimated at $80,000 immediately prior to the acquisition.Based on the preceding information, what is the differential associated with the acquisition? A. $21,000 B. $6,000 C. $10,000 D. $15,000
Many banks use automated _____ to determine a client's creditworthiness.
Fill in the blank(s) with the appropriate word(s).
Which of the following makes a security interest created under Article 9 a floating lien?
a. The provision that, unless otherwise agreed, a security agreement gives the secured party a security interest in the proceeds if the collateral is sold, exchanged, collected, or otherwise disposed of. b. The provision that, unless otherwise agreed, a security agreement fails to give the secured party a security interest in the proceeds if the collateral is sold, exchanged, collected, or otherwise disposed of. c. The provision that, unless otherwise agreed, interest rates will vary depending on the prime rate of interest. d. The provision that, unless otherwise agreed, the parties will not sell, exchange, collect, or otherwise dispose of property and that if such an action is taken, all sums owed become immediately due.
The difficulty of these questions as seen by students will depend on (1) what was discussed in class and (2) how long students have to answer the questions. If time is not an issue, then many of the questions could be classified as EASY, but under exam conditions with time pressure, many might be regarded as being CHALLENGING. So, consider the amount of time students have when selecting questions for an exam. Note that there is some overlap between the True/False and the multiple choice questions, as some T/F statements are used in the MC questions. One of the four most fundamental factors that affect the cost of money as discussed in the text is the current state of the weather. If the weather is dark and stormy, the cost of money will be higher than if it is bright and sunny,
other things held constant. Answer the following statement true (T) or false (F)