To specifically disclaim an implied warrant of merchantability, a seller or lessor must mention the word merchantability
Indicate whether the statement is true or false
True
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Unrealized gains and losses on trading securities are not included in the calculation of income from operations
a. True b. False Indicate whether the statement is true or false
A mixed cost has both fixed and variable elements
Indicate whether the statement is true or false
The following convertible securities will have a dilutive impact on earnings per share: (1 ) 10% convertible preferred stock with dividends of $7,000 declared during the year and shares convertible into 2,500 common shares (2 ) 6% convertible bonds with interest expense (net of taxes) of $8,000 and convertible into 3,500 common shares (3 ) 8% convertible bonds with interest expense (net of taxes)
of $5,000 and convertible into 1,600 common shares ? What is the appropriate ranking of items 1, 2, and 3 above to indicate their impact on diluted earnings per share calculations from most dilutive to least dilutive? A) 1, 2, 3 B) 3, 1, 2 C) 2, 1, 3 D) 1, 3, 2
The situational approach labels leaders’ styles specifically as ______.
A. initiating structure and consideration B. high task and low task C. task and relationship D. directive and supportive