Shares without par value may be issued for any amount set by the board or the shareholders
a. True
b. False
Indicate whether the statement is true or false
True
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Michael, the training coordinator at Jaxon Solutions, inspected the written materials for a new training program and concluded that the materials were not very readable. Which condition would most likely lead Michael to this conclusion?
A. The training material consisted of too many long sentences. B. The training material contained many checklists. C. Most statements of the training materials were limited to simple words. D. The training material was devoid of technical jargon. E. The text of the materials was combined with illustrations.
A company purchased a new delivery van at a cost of $60,000 on July 1. The delivery van is estimated to have a useful life of 6 years and a salvage value of $4800. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the van during the first year ended December 31?
A. $4600. B. $9200. C. $5000. D. $5600. E. $6480.
On Monday, Mick puts an offer in the mail to Sheri to sell his guitar for $50 . Monday night when jamming with his buddies, he decides he will really miss his old guitar and has second thoughts about selling it. Tuesday morning he puts a revocation in the mail informing Sheri he has changed his mind and the guitar is no longer for sale. The revocation is effective on Tuesday morning
a. True b. False Indicate whether the statement is true or false
The government is the largest customer group in all countries.
Answer the following statement true (T) or false (F)