Which of the following is correct?
A. Deferred revenues are considered increases to stockholders' equity.
B. Working capital is measured as current liabilities minus current assets.
C. Deferred revenues will eventually become revenue earned.
D. Working capital increases when a company pays the principal on a long-term note.
Answer: C
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A dividend reinvestment plan enables stockholders to ________
A) reinvest the dividends in money market instruments which are risk free B) reinvest all dividends in the firm with no accompanying increase in equity C) acquire additional dividends through redemption of stock D) acquire shares at little or no transaction costs
Claxton FruitcakesOne common Christmas tradition in many households is the Claxton fruitcake. The fruitcake bakery in Claxton, Georgia, makes about 6 million pounds of fruitcake annually and has $12 million in sales. One fruitcake batch weighs 375 pounds. About 70 percent of that weight is fruits and nuts. A single batch is divided into 34 loaf pans that hold 11 pounds each. Loaves are cooked for 100 minutes at 375 degrees. The bakery can cook 6,000 pounds at a time. During the baking season (August-December), the bakery uses a tractor-trailer load of raisins each day. The suggested retail price of a one-pound Claxton fruitcake is $3.69.Refer to Claxton Fruitcakes. Any company that purchased Claxton fruitcakes to give to its customers would treat this purchase like any other purchase and
evaluate the cake and the company in terms of: A. demand, value, and promotion B. quality, service, and price C. order time and delivery time D. customer relationships, costs, and ethical behavior E. time requirements, order speed, and customer reactions
For a corporation, goodwill created in an asset acquisition generally leads to temporary book-tax differences.
Answer the following statement true (T) or false (F)
Regression analysis is a statistical procedure for developing a mathematical equation that describes how _____
a. one independent and one or more dependent variables are related b. several independent and several dependent variables are related c. one dependent and one or more independent variables are related d. None of the answers is correct.