At the beginning of the year, Wilson Steel, Inc. purchased 10,000 shares of Barnes Metals, Inc. for $34,000 in exchange for cash and now holds 3.2% of the voting stock of Barnes Metals, Inc. The management of Wilson Steel intends to hold this stock for two years. Assuming no other transaction happened during the year, the ________ in the balance sheet will increase.
A) long-term assets
B) cash
C) total assets
D) current assets
A) long-term assets
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Accountants consider money the common unit of measure for all business transactions
Indicate whether the statement is true or false
A multiplexing technique where multiple users use distinct time slots such
that the transmitted bits are shared by all users is called ___________. A. frequency division multiplexing B. time division multiplexing C. separate channel multiplexing D. common channel multiplexing
A forum selection clause is concerned with choosing:
a. an appropriate bank from which to draw a letter of credit b. a country in which to locate a manufacturing plant c. the proper method of payment for a contract d. which language will be controlling if disputes concerning the interpretation of a contract arise e. none of the other choices
Studies conducted at _____ are among the best-known behavioral approaches to leadership.
a. Harvard University b. Ohio State University c. The Center for Creative Leadership d. The military