The first person to propose using XML be used as a means to electronically deliver financial information was:
A. Charles Hoffman
B. Manuel Sanchez
C. Kevin Kobelsky
D. Albert Gore
Answer: A
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______ refers to the act of revealing information about one’s self to others.
a. Self-disclosure b. Experimenting c. Social penetration d. Bonding
Lemma Corporation has total contributed capital of $600,000 and retained earnings of $340,000 . It has 1,000 shares of $100 par value preferred stock with no dividends in arrears and 5,000 shares of $100 par value common stock. The preferred stock is callable at 105 . The book value of each share of common stock is
a. $168. b. $93. c. $167. d. $188.
In considering equity and debt financing, which of the following statements is generally true?
A) The lower the measure of the long-term debt to equity ratio, the greater the likelihood that the company will have difficulty in meeting its obligation in some future period. B) Interest and dividend payments are not required to be made by the issuing company. C) The higher the measure of the debt to equity ratio, the greater the likelihood that the company will have difficulty in meeting its obligation in some future period. D) Most companies prefer to have no debt and rely exclusively on equity financing.
If a company is comparing its financial condition or performance to a base amount, it is using vertical analysis.
Answer the following statement true (T) or false (F)