The main source of paid-in-capital is from issuing stock
Indicate whether the statement is true or false
True
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"How many dollars in average profits are generated per dollar of average investment?" is answered using which of the following capital budgeting techniques?
A. Accounting return on investment B. Net present value (NPV) C. Internal rate of return (IRR) D. Investment outlay valuation
The All-China Federation of Trade Unions traditional responsibilities focused on:
A. collective bargaining over wages, hours, and working conditions B. promoting common, national good and social harmony through enterprise unions C. represent workers' interests in opposition to employers' interests D. protest state-sponsored housing and other social benefits programs
Article 9 of the UCC makes ineffective any term in a contract prohibiting the assignment of a security interest arising out of a sale of any right to payment for goods sold
a. True b. False Indicate whether the statement is true or false
Lane Co instructs its bank, Second Street Bank, to pay $200,000 to Moffett, Inc, also a customer of Second Street Bank. The bank executes the payment order by crediting Moffett's account with the $200,000 and notifying Moffett that the credit was made and is available. In this case:
a. Lane Co. is the originator; Second Street Bank is both the sender and the intermediary. b. Lane Co. is both the originator and the sender, and Moffett, Inc. is the beneficiary. c. the transaction is governed by the EFTA. d. Lane Co.'s payment order had to be communicated either electronically or in writing.