A corporation cannot be held liable for the criminal acts of its employees.
Answer the following statement true (T) or false (F)
False
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Lincoln Company engaged in this transaction: Accrued interest expense on long-term bonds payable. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows
A) Does not represent a cash flow. B) Investing activities section. C) Operating activities section. D) Financing activities section.
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Indicate whether the statement is true or false
Consider a one-period binomial model of 6 months. Assume the stock price is $45.00,
? = 0.20, r = 0.06 and the stock's expected return is 12.0%. What is the discount rate for a $45.00 strike European call option (Y)? A) 38.2% B) 39.1% C) 42.5% D) 45.6%
Consider the following: I. Madison says to a group of students, "I'll pay $35 to the first one of you who shows up at my house and mows my lawn." II. Lea posts a flyer around town that reads, "Reward: $500 for information about the person who keyed my truck last Saturday night in the Wag-a-Bag parking lot. Call Lea at 555-5309." Which of these proposes a unilateral contract?
a. I only b. II only c. Both I and II d. None of the above