Answer the following statements true (T) or false (F)
SFAS No. 13 identifies four capitalization tests that are now applicable to both lessees and lessors.
ANSWER: T
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If the volume of domestic investment is $32 billion?, net exports is $10 billion, and budget deficit is $5 billion, what is the volume of domestic savings?
A. ?$47 billion B. ?$38 billion C. ?$29 billion D. ?$16 billion
Revenue is always earned continuously over time
a. True b. False Indicate whether the statement is true or false
Which of the following will not cause times interest earned to drop? Assume no other changes than those listed
a. An increase in bonds payable with no change in operating income. b. An increase in interest rates. c. A rise in preferred stock dividends. d. A rise in cost of goods sold with no change in interest expense. e. A drop in sales with no change in interest expense.
What should an environmental mission statement include and accomplish?
What will be an ideal response?