Computers cannot store massive amounts of data in small spaces
Indicate whether the statement is true or false
False
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The proceeds of a discounted note are equal to the face value of the note
a. True b. False Indicate whether the statement is true or false
Cash dividends paid on capital stock would be reported in the statement of cash flows in
a. the cash flows from financing activities section b. the cash flows from investing activities section c. a separate schedule d. the cash flows from operating activities section
Solo Corp purchased $500,000 of bonds for $515,000 as an investment. If Solo expects to hold the bonds until they mature the initial investment should be recorded at
a. Investment in Bonds - $500,000 Additional Investment Expense - $15,000 b. Investment in Bonds - $515,000 c. Investment in Bonds - $500,000 Prepaid Interest Revenue - $15,000 d. Accumulated Other Comprehensive Investment - $500,000
Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. According to the company's leading salesperson, Peter Austin, "We have lots of repeat corporate customers as a result of the importance we place on getting the hampers out on time and filled with the right products."Austin should use visual aids, dramatics, and demonstrations in his sales presentation to prospective customers to do all of the following EXCEPT to:
A. increase his persuasive powers. B. capture the prospect's attention. C. create two-way communication. D. clarify the services his firm provides. E. create cognitive dissonance.