______ presentations are a staple in many courses across the college curriculum.
a. Oral
b. Written
c. Curricular
d. Extracurricular
a. Oral
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Describe the key considerations an entrepreneur must make while performing a risk analysis of a new business idea.
What will be an ideal response?
Baylor Enterprises has bonds outstanding with a face value of $200,000 and a carrying value of $206,000 on December 31, 20x5. If the company calls in and retires these bonds on December 31, 20x5, for $210,000, the entry to record the retirement will include a
A) debit to Bonds Payable for $206,000. B) credit to Cash for $206,000. C) debit to Loss on Retirement of Bonds for $6,000. D) debit to Loss on Retirement of Bonds for $4,000.
Sales for the year were $650,000 . Trade receivables were $45,000 and $50,000 at the beginning and end of the year, respectively. Cash received from customers to be reported on the cash flow statement using the direct method is ________
a. $645,000 b. $655,000 c. $605,000 d. $600,000
Which of the following is a true statement regarding the pension liability and pension expense recognition requirements of SFAS No. 87?
a. SFAS No. 87 presumes an explicit contract in calculating accrued pension expense. b. SFAS No. 87 uses an explicit contract view in requiring the recognition of a minimum pension liability. c. SFAS No. 87 may overestimate the pension liability by including future salary projections in the liability computation. d. SFAS No. 87 does not include future salary projections in the pension expense calculation.