WorldCom classified $3.85 billion in operating expenses as long-term investments. How would this make WorldCom's financial statements more attractive to investors?
A) by decreasing depreciation
B) by reducing capital expenditures
C) by raising its reported earnings
D) by boosting its cash flows
Answer: C
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Exhibit 14-11 Omega, Inc issued $100,000 of its 7% five-year bonds on January 1, 2014, at 98. Interest is paid on January 1 and July 1. The bonds are callable at 104 and straight-line amortization is used. The bonds are recalled on April 1, 2016. ? Refer to Exhibit 14-11. The journal entry to record the reacquisition of the bonds will include a
A) debit to Loss on Bond Redemption for $5,100. B) credit to Gain on Bond Redemption for $5,000. C) debit to Discount on Bonds Payable for $1,100. D) debit to Loss on Bond Redemption for $5,200.
A regression model between sales (y in $1000), unit price (x1 in dollars), and television advertisement (x2 in dollars) resulted in the following function:
?
= 8 - 4x1 + 5x2
?
For this model, SSR = 3500, SSE = 1500, and the sample size is 20. To test for the significance of the model, thep-value is
A. less than .01. B. between .01 and .025. C. between .025 and .05. D. greater than .10.
Referring your boss to a published document showing average salaries in your field is an example of which strategy for integrative bargaining?
A. separate the people from the problem B. focus on positions, not interests C. generate a variety of possibilities D. insist on some fair standard
The marketing logic by which a company hopes to create customer value and achieve profitable customer relationships is referred to as the ________
A) price B) marketing implementation C) value chain D) marketing strategy E) downsizing