Which of the following owner's equity accounts follow the same debit and credit rules as liabilities?

A) Expense accounts only
B) Drawing accounts only
C) Revenues accounts only
D) Expenses and drawing accounts


D

Business

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Which of the following performance measures focus on short-term financial performance?

A) Economic value added B) Residual income C) ROI D) All of these choices

Business

Identify what a protean career is and how self-leadership strategies can influence this particular career. How can the protean career play a role in a work–family balance?

What will be an ideal response?

Business

The characteristics or attributes of a trustee that inspire trust are defined as one's

A. moral intensity. B. trust propensity. C. ability. D. propriety. E. trustworthiness.

Business

A firm has a total market value of $10 million while its debt has a market value of $4 million. What is the after-tax weighted average cost of capital if the before-tax cost of debt is 10 percent, the cost of equity is 15 percent, and the tax rate is 21 percent? (Round to the nearest decimal place).

A. 10.4 percent B. 13.0 percent C. 8.8 percent D. 12.2 percent

Business