Any type of constraint for a single column can be created at the column level. _________________________

Indicate whether the statement is true or false


True

Business

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The financial balances for the Atwood Company and the Franz Company as of December 31, 2018, are presented below. Also included are the fair values for Franz Company's net assets. Atwood FranzCo. FranzCo.?(all numbers are in thousands) Book value Book value Fair value 12/31/2018 12/31/2018 12/31/2018Cash$870  $240  $240 Receivables 660   600   600 Inventories 1,230   420   580 Land 1,800   260   250 Buildings (net) 1,800   540   650 Equipment (net) 660   380   400 Accounts payable (570)  (240)  (240)Accrued expenses (270)  (60)  (60)Long-term liabilities (2,700)  (1,020)  (1,120)Common stock ($20 par) (1,980)        Common stock ($5 par)     (420)    Additional paid-in

capital (210)  (180)    Retained earnings (1,170)  (480)    Revenues (2,880)  (660)    Expenses 2,760   620     ??Note: Parenthesis indicate a credit balance??Assume an acquisition business combination took place at December 31, 2018. Atwood issued 50 shares of its common stock with a fair value of $35 per share for all of the outstanding common shares of Franz. Stock issuance costs of $15 (in thousands) and direct costs of $10 (in thousands) were paid.?Compute consolidated revenues immediately following the acquisition. A. $1,170. B. $2,880. C. $3,540. D. $1,650. E. $4,050.

Business

The Equal Protection Clause makes the classification of individuals based on their race unlawful.

Answer the following statement true (T) or false (F)

Business

The entry to record bank credit card sales of $2,000 plus tax of $100 and bank credit card expenses on sales of $100 would include all of the following except:

a. sales credit. b. accounts payable debit. c. sales tax payable credit. d. bank credit card expense debit.

Business

Jackson Company paid $500 cash for salary expenses. Which of the following accurately reflects how this event affects the company's financial statements? Assets=Liab.+EquityRev.?Exp.=Net Inc.Stmt ofCash FlowsA.NA=500+(500)NA?500=(500)NAB.(500)=NA+(500)NA?500=(500)(500) OAC.(500)=NA+(500)NA?NA=NA(500) OAD.(500)=NA+(500)NA?500=(500)(500) IA 

A. Option A B. Option B C. Option C D. Option D

Business