An offer does not need to be communicated to the offeree to become effective
Indicate whether the statement is true or false
False
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Oregon Company Adjusted Trial Balance For the Year ended December 31, 2016 Cash $ 6,030 Accounts Receivable 2,100 Prepaid Expenses 700 Equipment 13,700 Accumulated Depreciation $ 1,100 Accounts Payable 1,900 Notes Payable 4,200 Capital Stock 12,940 Dividends 790 Fees Earned 8,750 Wages Expense 2,500 Rent Expense 1,960 Utilities Expense 775 Depreciation Expense 250 Miscellaneous Expense 85 ______
Totals $28,890 $28,890 Determine the net income (loss) for the period. a. Net Loss $5,570 b. Net Income $3,180 c. Net Loss $790 d. Net Income $2,390
When formulating goals and objectives for an MPR plan, it is best to make broad, general statements that can be modified and narrowed when the plan is implemented
Indicate whether the statement is true or false
Valdez Co. sold land that had cost $48,000 for $60,000 cash. Which of the following statements is true about this transaction?
A. The $12,000 gain would be subtracted from net income in the operating activities section prepared using the indirect method and $60,000 would be reported as a cash inflow from investing activities. B. $48,000 would appear as a cash inflow from investing activities and $12,000 would be added in the operating activities section using the indirect method. C. $60,000 would appear as a cash inflow from investing activities. D. The $12,000 gain would be subtracted from net income in the operating activities section using the direct method.
Greenpeace is an environmental organization with the mission to "ensure the ability of the Earth to nurture life in all its diversity." It engages in much advocacy related to environmental issues including climate change, deforestation, overfishing, and more. Greenpeace's main product is most likely a(n)
A. good. B. tangible entity. C. service. D. idea. E. feature.