In some instances, people may be held liable for injuries they have caused even though they have not acted intentionally or negligently
a. True
b. False
Indicate whether the statement is true or false
True
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Simple interest on a loan can be calculated by multiplying the principal by the annual interest rate expressed as a percentage of the time in years or a fraction of the time in years
a. True b. False Indicate whether the statement is true or false
Exhibit 21-1 The Raymond Corporation reported $11,000 of net income for the current year and also uses the visual inspection method for completing the statement of cash flows. The following additional information relates to Raymond for the year: Subsidiary gain included in investment income under the equity method $ 370 Decrease in inventory 80 Loss on disposal of equipment 900 Proceeds from
disposal of equipment 1,400 Depreciation expense 1,200 Acquisition of treasury stock 650 Increase in accounts payable 290 Acquisition of new securities (accounted for using the equity method) 500 Decrease in deferred income tax liability 210 Early retirement of bonds payable at book value 1,000 Increase in interest receivable 30 ? Refer to Exhibit 21-1. What is Raymond's net cash used by financing activities? A) $(1,240) B) $(1,650) C) $(1,860) D) $(2,150)
If the target audience is to undertake the action desired by the marketer, the offer must
a. eliminate all the negative consequences b. provide a desired combination of positive and negative consequences in the form of a value proposition c. maintain the status quo d. provide products with the right attributes e. provide a mix of products and services
Halbeck, LLC was negligent in its audit of E-treme, Inc Unbeknownst to Halbeck, E-treme used the financial statements to secure a loan from Great State Bank. Under the foreseeable doctrine, Halbeck will be liable to Great State Bank for its losses on the loan
a. True b. False Indicate whether the statement is true or false