Toyota's capital budgeting analysis for the Prius, a gas-electric hybrid, was faulty because the car
line has not made a profit to date.
Indicate whether the statement is true or false
FALSE
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Which characteristic is not associated with software as intellectual property?
a. uniqueness of the product b. possibility of exact replication c. automated monitoring to detect intruders d. ease of dissemination
When computing the quick ratio, a short-term note receivable would be included
Indicate whether the statement is true or false
Select the correct answer
a. Rosie rents a locker at the airport, and she puts a bag in the locker. Rosie keeps the locker key. In this case, the bag has been delivered to and accepted by the airport. The airport is a bailee. b. Hill rents a boat to Dan. The boat is located at a lake 30 miles away. Hill gives Dan keys to the boat. Dan drives to the lake and takes possession of the boat. In this case, the boat has been delivered to and accepted by Dan, and Dan is a bailee. c. Unknown to Lon, Jeff left a bike at Lon's house. Lon has not found the bike and he is not likely to find it because Jeff left the bike under the front porch. In this case, Lon is a bailee of the bike. d. Ken parked a car in a self-service lot and Ken kept the keys. The parking lot is a bailee.
Garber Corporation had 20,000 shares of $12 par value common stock outstanding and declared a four-for-one stock split. How many new shares of stock would then be outstanding and what would be the par value of the new stock?
What will be an ideal response?