Hypermarkets are a hybrid retailing format combining the discounter, supermarket, and warehouse club approaches under a single roof
Indicate whether the statement is true or false
TRUE
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To compute the amortization on the cumulative net actuarial gains and losses in AOCI for a pension plan, the corridor is computed as 10% of the:
A. higher of the beginning balances of the plan assets or the accumulated benefit obligation. B. higher of the beginning market-related value of the plan assets or the projected benefit obligation. C. lower of the beginning market-related value of the plan assets or the projected benefit obligation. D. average of the beginning balances of the plan assets and the projected benefit obligation.
Data from Dalpiaz Corporation's most recent balance sheet and income statement appear below: This YearLast YearAccounts receivable, net$104,000 $114,000 Inventory$157,000 $165,000 Sales on account$647,000 Cost of goods sold$438,000 Required:Compute the average collection period for this year:
What will be an ideal response?
Which of the following is not descriptive of a trade show?
A. Buyers see the latest products and styles being offered by vendors. B. Buyers review performance of the vendor during the previous season. C. Vendors have celebrities at their booth to promote their merchandise and attract buyers. D. Trade shows are often associated with wholesale market centers. E. Buyers meet with manufacturer executives to discuss strategies to grow their business.
Modigliani and Miller (M&M) Proposition II states:
A) the cost of equity does not change when a firm takes on a greater proportion of debt.
B) the cost of equity increases when a firm takes on a greater proportion of debt.
C) the cost of debt increases when a firm takes on a greater proportion of equity.
D) the cost of equity decreases when a firm takes on a greater proportion of debt.