A(n) ________ is a legal document that describes a securities issue and is made available to potential investors
A) disclosure statement
B) offering contract
C) prospectus
D) tombstone
E) none of the above
Answer: C
You might also like to view...
When using the spreadsheet (work sheet) method to analyzing noncash accounts, no order of analysis is required,but it is more efficient to start with Retained Earnings and proceed upward in the account listing
a. True b. False Indicate whether the statement is true or false
The advantage of over depreciation is that you can write o more of your capital costs in the earlier years.
A) MACRS; straight-line depreciation B) MACRS; straight-line deductions C) Straight-line depreciation; the modified accelerated cost recovery system D) Straight-line depreciation; straight-line deductions
Poole Company purchased two identical inventory items. One of the items, purchased in January, cost $4.50. The other, purchased in February, cost $4.75. One of the items was sold in March at a selling price of $7.50. Poole uses LIFO. Which of the following statements is true?
A. The amount of cost of goods sold would be $4.50. B. The amount of gross margin would be $2.75. C. The amount of ending inventory would be $4.625. D. The balance in ending inventory would be $4.75.
Explain the financial definition and the legal definition of "insurance."
What will be an ideal response?