As a rule, managers should try to always use the free component of trade credit but should use the costly component only if the cost of this credit is lower than the cost of credit from other sources.
Answer the following statement true (T) or false (F)
True
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Historically, the United Kingdom has recognized only those deferred tax liabilities expected to "crystallize." The term "crystallize" is most nearly synonymous with the term
a. amortized. b. realized. c. recognized. d. liquidated.
Which of the following is/are not true?
a. An employer must recognize changes in the funded status of a defined benefit retirement plan on its balance sheet each period. b. U.S. GAAP and IFRS do not require the employer to recognize changes in the funded status of a defined benefit retirement plan immediately in net income. c. Changes in the net funded status of a defined benefit retirement plan because investment performance differs from expectations, or because of changes in actuarial assumptions, or in the retirement benefit formula, initially affect net income. d. Firms amortize the amounts in Other Comprehensive Income over the expected period of benefit as an adjustment to retirement plan cost. e. all of the above
Strong verbs are ____________; therefore, readers pay more attention to them
a. louder b. more dramatic c. less common d. shorter
________ are mergers between firms in totally unrelated businesses
A) Market extension mergers B) Conglomerate mergers C) Horizontal mergers D) Forward vertical mergers