When an expression such as "the following" or "as follows" is used to introduce a list of items, it is often followed by a _____
Fill in the blank(s) with correct word
colon
When an expression such as "the following" or "as follows" is used to introduce a list of items,
it is often followed by a colon. The list may appear on the same line as the colon, or it may
start on a new line.
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Regarding discontinued operations, which of the following statements is correct?
A) Gains and losses on the sale of plant assets are reported as discontinued operations. B) A loss on discontinued operations is reported with an addition for the applicable income tax. C) A loss on discontinued operations is included with an addition for the income tax savings on the loss. D) The disposal of the financing segment of a large corporation would be reported as a discontinued operation.
Green retailing yields both top- and bottom-line benefits
Indicate whether the statement is true or false
One of the four general criteria for a capital lease is that the present value at the beginning of the lease term of the minimum lease payments equals or exceeds
a. the property's fair market value. b. 90 percent of the property's fair market value. c. 75 percent of the property's fair market value. d. 50 percent of the property's fair market value.
When an investor uses the equity method to account for investments in common stock, cash dividends received by the investor from the investee should be recorded as
a. an increase in the investment account. b. a deduction from the investment account. c. dividend revenue. d. a deduction from the investor's share of the investee's profits. e. None of these answer choices is correct.