Sales of ______ and ______ can be difficult because determining the market value of the asset may be difficult
a. sole proprietorship; double corporation
b. close corporation; double proprietorship
c. close corporation; publicly traded corporation d. sole proprietorship; publicly traded corporation e. none of the other choices are correct
e
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Rogers Company reported net income of $35,000 for the year. During the year, accounts receivable increased by$7,000, accounts payable decreased by $3,000 and depreciation expense of $8,000 was recorded. Net cashprovided by operating activities for the year is
a. $53,000 b. $47,000 c. $33,000 d. $37,000
A stock dividend will cause an increase in the total number of shares issued and outstanding
Indicate whether the statement is true or false
What are some items that can affect an investment center's EVA calculation, and how can EVA be improved?
If inventory is excessive, which item below is not true?
A) Solvency is reduced. B) Taxes increase. C) Ordering costs increase. D) Storage costs increase.