When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by
A) crediting the common stock account.
B) debiting an additional paid-in capital account.
C) crediting the retained earnings account.
D) crediting an additional paid-in capital account.
D
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S.K Investment Group is a firm based in Chicago that provides financial services to its clients. The marketing department of the firm segments its market based on the amount invested, frequency of transactions, and type of investments purchased
The firm creates 5 meaningful categories for each of the 3 variables. Calculate the possible market segments for S.K Investment Group. A) 642 B) 590 C) 324 D) 278 E) 125
If a company must pay more for the amounts provided by creditors and preferred stockholders than it can earn overall, as indicated by the return on assets, there will be favorable leverage
a. True b. False Indicate whether the statement is true or false
Purchases and sales of long-term investments for the period should be netted for disclosure in the investing activities section of the statement of cash flows
Indicate whether the statement is true or false
Marco asks his manager to listen in while he makes calls one day to help him figure out what he could be doing better. The manager concludes that Marco is doing an excellent job of building rapport but is not qualifying prospects as he talks to them
The manager suggests that Marco spend less time talking about the prospect's personal details and: A) more time talking about the features of the product B) focus on non-verbal ways to build rapport with the prospect, such as making active listening noises C) keep a list of qualifying questions in front of him so he makes sure to ask each one of them during the call D) practice his elevator pitch so he can help the prospect understand the product more quickly, since they do not have time on the phone to do a long pitch E) instead, talk about himself so the prospect will be able to trust him more easily