An adjusting entry made to record accrued interest on a note payable due next year consists of
a. Interest Expense – Debit; Cash – Credit.
b. Interest Receivable – Debit; Interest Income – Credit.
c. Interest Expense – Debit; Notes Payable – Credit.
d. Interest Expense – Debit; Interest Payable – Credit.
D
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Elucidate on the steps that can be employed to structure a negotiation so as to achieve a winning solution for both parties.
What will be an ideal response?
Today, the success of Honda and Toyota in world markets is primarily due to:
A) exporting cars from factories in Japan. B) reporting cars are made in the USA. C) exporting cars from Japan to European countries. D) assembling cars in Japan and Europe. E) manufacturing cars in the Americas, Asia, and Europe.
With regard to preferred stock,
a. its issuance provides no flexibility to the issuing company because its terms always require mandatory dividend payments. b. no dividends are expected by the stockholders. c. its stockholders may have the right to participate, along with common stockholders, if an extra dividend is declared. d. there is a legal requirement for a corporation to declare a dividend on preferred stock.
You should stress a product's benefits more than its features and advantages because the product's benefits are what the customer will buy.
Answer the following statement true (T) or false (F)