If a company issues 1,000 shares of $1 par value common stock for $20 per share, what would be the effect on the accounting equation?
A. Increase assets and increase revenue.
B. Increase assets and increase liabilities.
C. Increase assets and decrease stockholders' equity.
D. Increase assets and increase stockholders' equity.
Answer: D
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An unrealistic picture of the inventory's current value on the balance sheet is an argument against using
A) Specific identification. B) FIFO. C) Average-cost. D) LIFO.
All of the following are character traits identified by Billy Graham as personal qualities of leadership, EXCEPT ______.
a. integrity b. personal security c. vision d. charisma
The Communication Age enables you to reach larger and more diverse audiences in ways unimaginable a few years ago. How do nonverbal communication characteristics such as attire, movement, gestures, or eye contact impact a presentation viewed digitally?
What will be an ideal response?
Many successful entrepreneurial firms do not develop their own technology; rather, they combine and distribute inventions and innovations generated by others upstream. This is known as:
a. turnkey innovation b. technology indigenization c. benchmarking d. reengineering