Leases of personal property exceed $100 billion annually and are governed by Article 2A of the UCC
a. True
b. False
Indicate whether the statement is true or false
True
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Investors who want to know the amount of cash a company has available for new opportunities, such as expanding into a new sales region, should analyze the company's ________.
A) free cash flow B) net cash flow from investing activities C) acid ratio D) earnings per share
A recent study found that more creative people tend to be less ethical. Why is this so?
a. Creative people are better at rationalizing their bad behavior. b. Creative people don't care about profitability. c. Creative people are capable of coming up with more ways to be unethical. d. Creative people are not loyal to the organization.
The Brighton Dental Corporation prepays the rent on its dental office. On July 1, the corporation paid $18,000 for 6 months of rent
How much Rent Expense should Brighton Dental Corporation record the three months ended September 30 under the accrual basis? Why? What will be an ideal response
On January 12, Year 1, Gilliam Corporation issued 550 shares of $12 par-value common stock for $15 per share. The number of shares authorized is 5,000, and the number of shares outstanding prior to this transaction is 1,200. Which of the following answers describes the effect of the January 12, Year 1 transaction? Assets=Liab.+Com. Stk.+Pd-in ExcessRev.?Exp.=Net Inc.Cash FlowA.6,600=NA+6,600+NANA?NA=NA6,600 FAB.8,250=NA+8,250+NANA?NA=NA8,250 FAC.8,250=NA+6,600+1,650NA?NA=NA8,250 FAD.8,250=NA+6,600+1,650NA?NA=NA8,250 IA
A. Choice A B. Choice B C. Choice C D. Choice D