According to the signaling theory, why will a firm with unfavorable prospects want to sell stock??
A. ?To share the losses with new investors
B. ?To increase bankruptcy cost with more debt
C. ?To skip the dividends payable on common stock
D. ?To maintain a reserve borrowing capacity
E. ?To have tax benefit/bankruptcy cost trade-off
Answer: A
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Suppose the United States and Japan enter into a voluntary export agreement in which Japan imposes an export quota on its automakers. The largest share of the export quota's "revenue effect" would tend to be captured by
a. the U.S. government. b. Japanese automakers. c. American auto consumers. d. American autoworkers.
When maintaining customer records, it is best practice to maintain all data in a single CMDB, accessible by all who are authorized.
Answer the following statement true (T) or false (F)
A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts receivable$375,000debitAllowance for uncollectible accounts 500debitNet Sales 800,000creditAll sales are made on credit. Based on past experience, the company estimates 0.6% of net credit sales to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?
A. Debit Bad Debts Expense $4,300; credit Allowance for Doubtful Accounts $4,300. B. Debit Bad Debts Expense $5,300; credit Allowance for Doubtful Accounts $5,300. C. Debit Bad Debts Expense $2,130; credit Allowance for Doubtful Accounts $2,130. D. Debit Bad Debts Expense $2,630; credit Allowance for Doubtful Accounts $2,630. E. Debit Bad Debts Expense $4,800; credit Allowance for Doubtful Accounts $4,800.
Assault and battery are examples of intentional interference with protected personal rights
a. True b. False Indicate whether the statement is true or false