Bread & Bagels Corporation wants to purchase all of the assets of Coffee & TeaInc Dollyis a Coffee & Tea shareholder. The approval of Dolly and other Coffee & Tea shareholders is necessary

a. in all circumstances.
b. in no circumstances.
c. only if Coffee & Tea will be paid with unauthorized, unissued stock.
d. only if Bread & Bagels agrees to assumeCoffee & Tea's liabilities.


A

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The Capitals Company has provided you the following information pertaining to the year ending December 31, 2018: January 1, 2018 December 31, 2018Equipment$575,000  $729,000 Accumulated depreciation$165,000  $120,500 Equipment costing $25,000 was acquired in exchange for common stock.  Equipment with an original cost of $57,500 and a book value of $5,000 was scrapped.  Equipment was purchased in exchange for cash.  Equipment with a book value of $39,000 was sold resulting in a $14,000 gain. The accumulated depreciation at the time of the sale was $67,000.  Required:  Determine the cash paid for equipment purchases during 2018.Determine the depreciation expense for 2018.

What will be an ideal response?

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In which of the following scenarios is a transaction occurring without the buyer and the seller having a relationship?

A. Art acquires a new Volvo from a car dealership. B. Leon buys a vacuum cleaner from a door-to-door salesperson. C. Ursula hires a weekly diaper service. D. Beverly purchases a pair of sandals from a retail sales clerk. E. None of these

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Anonymity means that the researcher knows who the respondent is but does not identify the respondent with any information gathered from that respondent to a client

Indicate whether the statement is true or false

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Who used research from the fields of positive psychology and positive organizational behavior to identify psychological attributes that contribute to authentic leadership?

A. Terry B. George C. Walumbwa et al. D. Luthans and Avolio

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