Any difference between the fair market values of the securities and their cost is a realized gain or loss
Indicate whether the statement is true or false
False
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Use the information presented below for Chambersburg Corp for 2017 and 2016 to answer the questions that follow. Chambersburg uses the straight-line depreciation method. 2017 2016 Property, plant, and equipment $ 250,000 $190,000 Accumulated depreciation 100,000 85,000 Depreciation expense 62,500 47,500 Net sales 1,000,000 900,000 Average Total assets 625,000 475,000 Refer to the information for
Chambersburg Corp Using the 2017 data, what is the average life of Chambersburg's property, plant, and equipment (rounded to one decimal place)? a. 1.6 years b. 2.5 years c. 4.0 years d. 10.0 years
You tell your roommate how big the skunk was that ran under your car last night by expanding your arms out to the width of your shoulders and saying, “It was this big.” This is an example of an ______.
a. emblem b. affect displays c. illustrator d. adapter
Bonds that can be exchanged for common stock of the corporation are called
a. convertible bonds; b. callable bonds; c. serial bonds; d. coupon bonds; e. registered bonds.
A key distinction between a risk response and a contingency plan is
A. A risk response is action that is the response to a risk once it has happened and the contingency plan is created by the customer if the risk response fails. B. A risk response is created by the project team and the project manager while the project manager and the customer agree on the contingency plan. C. A risk response is only effective when you are able to assess the likelihood of the risk and its impact on the project; all other risks are covered by contingency planning. D. A risk response is part of the actual implementation plan and action is taken before the risk can materialize, while a contingency plan goes into effect only after the risk has transpired. E. A risk response is established only for moderate risks while contingency plans are established for major risks.