Warranty of title includes the warrant that:
a. the goods being sold can be sold overseas without any tariff penalties b. the goods being sold are marketable
c. the goods being sold are capable of being copyrighted d. the goods being sold might be copyrighted
e. none of the other choices are correct
e
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A corporation has 50,000 shares of $25 par stock outstanding. If the corporation issues a 3-for-1 stock split, the number of shares outstanding after the split will be
a. 150,000 shares b. 50,000 shares c. 100,000 shares d. 16,666 shares
Hsu Company purchased a truck on May 31, 2013 for $70,000 . The equipment has an estimated useful life of five years. What amount will appear on Hsu Company's balance sheet for total accumulated depreciation at May 31, 2016?
a. $14,000 b. $35,000 c. $42,000 d. $28,000
The quick ratio is current assets minus current liabilities
Indicate whether the statement is true or false
The popular name of an interface for business intelligence tools is _____.
A. whiteboard B. command line interface C. dashboard D. graphic user interface