The architecture of an information system is a(n) ________ one
A) dynamic
B) static
C) deceiving
D) irrelevant
A
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A limited liability company is an incorporated business entity
Indicate whether the statement is true or false
Landmark buys $390,000 of Schroeter Company's 10%, 5-year bonds payable at par value on September 1. Interest payments are made semiannually on March 1 and September 1. The journal entry Landmark should record to accrue interest earned at year-end December 31 is (Do not round your intermediate calculations):
A. Debit Interest Receivable $19,500, credit Interest Revenue $19,500. B. Debit Cash $19,500, credit Interest Revenue $19,500. C. Debit Cash $13,000, credit Interest Revenue $13,000. D. Debit Interest Revenue $13,000, credit Interest Receivable $13,000. E. Debit Interest Receivable $13,000, credit Interest Revenue $13,000.
The combination of debt financing and equity financing that maximizes a firm's value is known as its:
A. optimum degree of financial leverage (DFL). B. maximum weighted average cost of capital (WACC). C. maximum business risk. D. optimal capital structure. E. optimal indifference point.
A holder must actually have the instrument in his possession
a. True b. False Indicate whether the statement is true or false