I didn't want to go to the conference without Amy and ________
a. her
b. she
a
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Exhibit 13-03 ? On January 1, 2017, Train, Inc accepted an $80,000, non-interest bearing 3 year note in exchange for equipment it sold to Steam Company. Train originally purchased the equipment for $125,000, and it had a book value of $75,000 on the date of the sale. The note was non-interest-bearing. An assumed 11% interest rate is implicit in the agreement. Actual information for 11%, three
periods, follows: ? Present value of 1 0.73119 Present value of annuity of 1 2.44371 ? ? Refer to Exhibit 13-03. What amount should Train record for the discount on Notes Receivable? A) $0 B) $16,505 C) $21,505 D) $58,495
A company uses the weighted-average method for inventory costing. At the end of the period, 22,000 units were in the ending Work in Process inventory and are 100% complete for materials and 75% complete for conversion. The equivalent costs per unit are materials, $2.65 and conversion $5.35. Compute the cost that would be assigned to the ending Work in Process inventory for the period.
A. $176,000. B. $87,725. C. $132,000. D. $146,575. E. $93,775.
The Fair Debt Collection Practices Act requires a debt collector to provide the consumer with a written notice. What information must be contained in this notice?
a. The amount of the debt, with interest and penalties clearly delineated. b. The name and phone number of the current creditor and former creditor. c. A statement telling the consumer that he can request verification of the alleged debt. d. A copy of the original credit contract with the original creditor.
A firm can change its beta through managerial decisions, including capital budgeting and capital structure decisions.
Answer the following statement true (T) or false (F)