An employer has a right to hire permanent replacements during a strike.
Answer the following statement true (T) or false (F)
True
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Interest income on Series EE and Series E U.S. Savings Bonds can be reported:
A. only at the maturity date of the bond issue. B. either at the maturity date or on an annual basis. C. only on an annual basis. D. No need to report; this type of interest income is always tax-exempt income.
Which of the following is not true regarding the fair value option for marketable securities and derivatives?
a. Subsequent to the acquisition of a derivative, the firm may report changes in fair value of derivatives in Other Comprehensive Income. b. Subsequent to the acquisition of a derivative, the firm may report changes in fair value of derivatives, but they have no effect on any lines of the statement of cash flows. c. Firms using the fair value option mark the carrying value of the asset to fair value each period. d. If the change in fair value increases carrying value, then the firm reports a gain in income equal to the amount of the increase in carrying value during the current period. e. The cash flow from operations section shows an addition for the amount of the gain equal to the amount of the increase in carrying value of a derivative during the current period.
Unlike most agents, each partner in a partnership has an ownership interest in the firm
a. True b. False Indicate whether the statement is true or false
Explain how the time value of money concept is used in stock valuation
What will be an ideal response?