A person should keep two guidelines in mind when writing for the Web: the readers' needs and the limited amount of space on the computer screen
Indicate whether the statement is true or false
True
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On January 1, 2015, Corner Store, Inc issued $400,000, 10-year, 10% bonds for $354,200 . The bonds pay interest on June 30 and December 31 . The market rate is 12%. The cash payment on June 30, 2015 is
a. $20,000 . b. $21,200 . c. $24,000 . d. $17,710.
Royer Corporation engaged in this transaction: Issued common stock for cash. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows
a. Operating activities section b. Does not represent a cash flow c. Investing activities section d. Financing activities section
On July 1 . Toucan Corporation, a calendar-year company, received a condemnation award of $150,000 as compensation for the forced sale of a plant located on company property that stood in the path of a new highway. On this date, the plant building had a depreciated cost of $75,000 and the land cost was $25,000 . On October 1 . Toucan purchased a parcel of land for a new plant site at a cost of
$62,500 . Ignoring income taxes, Toucan should report in its income statement for the year ended December 31 a gain of a. $0. b. $12,500. c. $37,500. d. $50,000.
Examples of the kinds of uncontrollable forces listed in the text are each of the following except
A. technological. B. economic. C. sociocultural. D. labor. E. marketing.