If a business issued bonds payable in exchange for land, the transaction would be reported in a separate scheduleon the statement of cash flows
a. True
b. False
Indicate whether the statement is true or false
True
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Carnes has the following account balances as of December 31, 2017 before an acquisition transaction takes place. Inventory$100,000Land400,000Buildings (net)500,000Common stock ($10 par)600,000Additional paid-in capital200,000Retained earnings200,000Revenues450,000Expenses250,000??The fair value of Carnes' Land and Buildings are $650,000 and $550,000, respectively. On December 31, 2017, Riley Company issues 30,000 shares of its $10 par value ($25 fair value) common stock in exchange for all of the shares of Carnes' common stock. Riley paid $10,000 for costs to issue the new shares of stock. Before the acquisition, Riley has $700,000 in its common stock account and $300,000 in its additional paid-in capital account.?What will be the consolidated additional paid-in capital as a result
of this acquisition? A. $440,000. B. $750,000. C. $950,000. D. $740,000. E. $940,000.
What is a disadvantage of a merit pay system?
A. It does not relate the rewards to economic conditions. B. Comparative pay is not considered in its evaluation. C. It cannot be used effectively with performance appraisals. D. It does not provide rewards for performance in all the dimensions measured in the organization's performance management system. E. It can quickly become expensive for the company.
Contribution margin ratio is equal to ________.
A) fixed costs divided by contribution margin per unit B) net sales revenue per unit minus variable costs per unit C) net sales revenue minus variable costs D) contribution margin divided by net sales revenue
The last stage in the product adoption process is ________
A) awareness B) adoption C) interest D) confirmation E) evaluation