Use this information to answer the following question. These facts concern the long-term stock investments of DeBord Corporation: June 1, 2014 Paid cash for the following long-term investments: 5,000 shares Vanhook Corporation common stock (representing 5 percent of outstanding stock) at $40 per share; 3,000 shares Shust Corporation common stock (representing 3 percent of outstanding stock) at
$24 per share. Dec. 31, 2014 Quoted market prices at year end: Vanhook common stock, $35; Shust common stock, $27. April 1, 2015 A change in policy required the sale of 1,000 shares of Vanhook Corporation common stock at $38. July 1, 2015 Received a cash dividend from Shust Corporation equal to $.30 per share. Dec. 31, 2015 Quoted market prices at year end: Vanhook common stock, $39; Shust common stock, $22. The entry to set up the Allowance to Adjust Long-Term Investments to Market in 2014 is:
A) Long-Term Investments 16,000 Realized Loss 16,000
B) Realized Loss 16,000 Long-Term Investments 16,000
C) Allowance to Adjust Long-Term Investments to Market 16,000 Long-Term Investments 16,000
D) Unrealized Loss on Long-Term Investments 16,000 Allowance to Adjust Long-Term Investments to Market 16,000
D
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Which of the following would be considered an example of the drop-off survey?
A) researcher brings questionnaire to respondent's home and leaves it to be completed B) a hotel leaves a questionnaire in a room for customers to evaluate their accommodations C) a retail store offers a customer a survey and promises a gift certificate if they return the questionnaire on their next visit D) giving a survey to persons at work and asking them to return the completed survey when they return to work the next day E) all of the above would be considered drop-off surveys
Which one of the following statements, regarding the ranking of projects, is false?
a. The NPV and the profitability index methods do not always provide the same rank order for the same projects. b. Rankings by IRR method are in the same order as those given by the profitability index. c. Rankings by the IRR method are not necessarily in the same order as those given by the NPV. d. Fot the NPV method, rankings are based on the magnitude of the NPV.
A computer program or an electronic or other automated means used independently to initiate an action or respond to electronic records or performances in whole or in part, without review or action by an individual, is known as ________
A) electronic agent B) electronic record C) digital mapper D) automation