Distributions to owners increase equity and investments by owners decrease equity
Indicate whether the statement is true or false
False
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Ramirez Company made the following payments related to a land acquisition: Purchase price $7,500 Past due taxes 650 Title search 275 Cost of razing old building 1300 Interest (incurred after productive operations had begun) 160 Proceeds from salvage of old building 1875 What is the capitalizable cost of the land?
A) $9,725 B) $8,010 C) $7,850 D) $7,500
Answer the following statements true (T) or false (F)
1) When businesses accept payment by credit and debit cards, the costs of processing fees are greater than the benefits of transferring the risk of not being able to collect from the customer and avoiding the costs associated with credit customers. 2) Credit cards reduce the customer's bank account immediately but allow the customer to pay electronically instead of with currency or writing a check. 3) Factoring occurs when a business sells its receivables to a finance company or bank. 4) When a business factors its receivables, it uses the receivables as security for a loan. 5) When a business factors its receivables, the factor collects cash on the receivables.
________ companies research customers deeply to learn about their desires, gather new product ideas, and test product improvements
A) Production-oriented B) Customer-driving C) Customer-driven D) Functional E) Societal
Which of the following statements about put options is correct?
A) If the option writer exercises the put option, the option holder has to sell the underlying asset to him or her. B) If the option writer exercises the put option, the option holder has to buy the underlying asset from him or her. C) If the option holder exercises the put option, the option writer has to buy the underlying asset from him or her. D) If the option holder exercises the put option, the option writer has to sell the underlying asset to him or her.