A savings account or certificate of deposit that imposes a substantial penalty for early withdrawals should not be classified as Cash on the balance sheet.
Answer the following statement true (T) or false (F)
True
If a savings account or certificate of deposit imposes a substantial penalty for early withdrawal, it should be classified as an investment.
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On February 1, 2016, Vermont Corp pays $50,000 for shares of Stream, Inc common stock and another $1,000 in commissions. Assume that Vermont sells the Stream stock on May 20, 2016, for $53,000 . In this case, Vermont recognizes
a. An increase in assets and stockholders' equity for $2,000. b. An decrease in assets and an increase in stockholders' equity for $2,000. c. An increase and decrease in assets by the same amount. d. An increase in assets and stockholders' equity for $3,000.
The most extensive form of participation in global markets is 100 percent ownership of a foreign subsidiary
Indicate whether the statement is true or false
The price-earnings multiple reflects the growth prospects and riskiness of a firm
Indicate whether the statement is true or false
________ is an example of PII
A) Individual database names B) Social Security number C) Process run to backup servers D) None of the above