The Securities Exchange Act of 1934 covers the following except:
A) Trading of certain securities following their initial issuance.
B) Ongoing periodic financial reporting by companies listed on national exchanges.
C) Regulation of securities exchanges.
D) Initial issuances of securities that are exempt under the 1933 Act.
D
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Equipment is purchased for $80,000 . It has an eight-year useful life and a $39,250 residual value. Under the double-declining-balance method, what is the depreciation expense for year 3?
a. $11,250 b. $5,250 c. $5,750 d. $6,250
As per the text, technology can help salespeople during sales presentations because of all the points mentioned, EXCEPT,
A. Technology has truly expanded and improved video conferencing B. Using a computer tablet in front of the buyer can be impressive. C. Technology restricts methods of presenting information to the buyer in a visually attractive and dramatic manner D. Technology enables the presentation of video clips and sound bites. E. Analytical software can quickly crunch data-providing instant solutions to buyers' questions..
Cash and other assets that may reasonably be expected to be realized in cash, sold, or consumed through the normal operations of a business, usually longer than one year, are called current assets
Indicate whether the statement is true or false
List the four financial statements. Explain the connection between these four statements