Homes near areas that have just been zoned for industrial use become more valuable

Indicate whether the statement is true or false.


Answer: FALSE

Business

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To determine the six-month interest payment amount on a bond, you would take one-half of the market rate timesthe face value of the bond

a. True b. False Indicate whether the statement is true or false

Business

Activity-based responsibility accounting adds the consumer perspective to the financial-based responsibility accounting perspective

Indicate whether the statement is true or false

Business

Flee, a chain of electronic stores, plans to grow geographically. It has tied up with local retailers in international markets to form a new company in which ownership, control, and profits are shared between all involved parties. Which of the following entry strategies is being followed by Flee?

A. Strategic alliance B. Takeover C. Acquisition D. Merger E. Joint venture

Business

Mesquite, Inc engaged in the following transactions during October: Performed services for cash $1,840 Performed services on credit 2,100 Purchased office supplies on account 800 Paid salaries in cash 900 Collected on account 600 Paid on account 400 What is the amount of cash still to be paid?

A) $2,300 B) $2,100 C) $1,300 D) $400

Business