A trade name statement refers to a document that is filed with the state that designates a trade name of a business, the name and address of the applicant, and the address of the business
Indicate whether the statement is true or false
FALSE
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With the pull approach to manufacturing, factory machinery is arranged in ______________________________
Fill in the blank(s) with correct word
A bond issue of $50,000 with a carrying value of $49,000 is converted into $10 par value common stock at the rate of fifty shares for each $1,000 bond. The entry to record the conversion of bonds would be:
a. Bonds Payable 50,000 Loss on Retirement of Bonds 1,000 Unamortized Bond Discount 1,000 Common Stock 50,000 b. Bonds Payable 50,000 Common Stock 25,000 Additional Paid-In Capital 25,000 c. Bonds Payable 50,000 Common Stock 25,000 Additional Paid-In Capital 24,000 Unamortized Bond Discount 1,000 d. Bonds Payable 49,000 Unamortized Bond Discount 1,000 Common Stock 25,000 Additional Paid-In Capital 25,000
Which of the following statements is true with regard to capacity planning over different time horizons?
a. Capacity planning for the long term is called capacity requirements planning. b. Capacity decisions in the long term are referred to as capacity control. c. Capacity planning for the medium-time range is called capacity requirements planning. d. Capacity planning for the short term is called capacity requirements planning.
Identify which of the following statements is true.
A) The loss realized on the sale of a property is disallowed when such property was received by a corporation as a contribution of capital in a transaction having as its principal purpose the recognition of loss pursuant to the corporation's subsequent liquidation later in the same taxable year. B) Losses claimed in a tax return filed before the adoption of the plan of liquidation are not restricted by Sec. 336(d)(2). C) Properties acquired by a liquidating corporation as a capital contribution occurring within three years of the adoption of a plan of liquidation are generally presumed to have a tax avoidance motive. D) All of the above are false.