Alcoholics are not excluded from coverage under the American with Disabilities Act.
Indicate whether the statement is true or false.
Ans: True
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The economic value added performance measure focuses on long-term financial performance
Indicate whether the statement is true or false
Which of the following statements is CORRECT?
A. If the maturity risk premium (MRP) is greater than zero, then the yield curve must have an upward slope. B. Because long-term bonds are riskier than short-term bonds, yields on long-term Treasury bonds will always be higher than yields on short-term T-bonds. C. If the maturity risk premium (MRP) equals zero, the yield curve must be flat. D. The yield curve can never be downward sloping. E. If inflation is expected to increase in the future, and if the maturity risk premium (MRP) is greater than zero, then the yield curve will have an upward slope.
On January 1, 20X8, Parsley Corporation acquired 75 percent of Sage Company's voting common stock for $90,000 cash. At that date, the fair value of the noncontrolling interest was $30,000. Sage's balance sheet at the date of acquisition contained the following balances: Sage CompanyBalance SheetJanuary 1, 20X8Cash$10,000 Accounts Payable$35,000 Accounts Receivable 20,000 Notes Payable 50,000 Land 40,000 Common Stock 100,000 Building and Equipment 165,000 Additional Paid-In Capital 20,000 Less: Accumulated Depreciation (50,000)Retained Earnings (20,000) Total Assets$185,000 Total Liabilities and Equity$185,000 At the date of acquisition, the reported book values of Sage's assets and liabilities approximated fair value. Consolidating entries are being made to
prepare a consolidated balance sheet immediately following the business combination.Based on the preceding information, the amount of goodwill reported is: A. $20,000. B. $10,000. C. $15,000. D. $0.
Which of the following is the largest if the interest rate is 12 percent annually?? 1. $100 compounded for three years 2. $100 annuity compounded for three years ? 3. the present value of $100 received after three years
A. ?1 B. ?2 C. ?3 D. ?answer cannot be determined