The SEC requires interim financial data on Form 10-Q
Indicate whether the statement is true or false
T
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Felicia is about to perform her first surgery, and recognizes that she is becoming sweaty and flushed. To calm her emotions, she walks herself through the steps of the surgery, and imagines the family’s positive reaction when the surgery is complete. Felicia is engaging in which of the following emotional regulation strategies?
A. reappraisal B. attention deployment C. suppression D. cognitive change
Ryan invents a pen that digitally "remembers" what is written or drawn with it. To obtain a patent for the pen, Ryan does not have to show that it is
a. novel. b. marketable. c. useful. d. not obvious in light of current technology.
The lower the ________ compared to revenue, the higher the gross profit
A) assets B) cost of sales C) gross margin D) operating expenses
Hampton Company is trying to decide whether to seek liquidation or reorganization. Hampton has provided the following balance sheet:Hampton CompanyBalance SheetFebruary 23, 2018Current Assets: Cash$1,000 Investments 28,000 Accounts receivable 46,500 Inventory 72,000 Prepaid expenses 4,200 $151,700 Plant & Equipment Land$65,000 Building 180,000 Equipment 75,300 320,300 Intangibles 78,000 Total assets $550,000 Current Liabilities: Accounts payable$127,000 Accrued expenses 99,000 Notes payable (secured by inventory) 68,000 $294,000 Long-term Liabilities Notes payable (secured by land and
building) 300,000 Stockholders' Equity Common stock$100,000 Retained earnings (deficit) (144,000) (44,000)Total Liabilities and Stockholders' Equity $550,000 ??Additional information is as follows:? The investments are currently worth $13,000. ? It is estimated that $32,000 of the accounts receivable are collectible. ? The inventory can be sold for $74,000. ? The prepaid expenses and the intangible assets have no net realizable value. ? The land and building are currently valued at $250,000. ? The equipment can be sold for $60,000. ? Administrative expenses (not yet recorded) are estimated to be $12,500. ? Accrued expenses include $17,000 of salaries payable ($11,000 to one employee and $3,000 each to two other employees). ? Accrued expenses include $7,000 of unpaid payroll taxes. How much will Hampton's creditor of an unsecured accounts payable of $4,000 receive? What will be an ideal response?