Some of the characteristics that must be considered when selecting a medium are security, cost, bandwidth, distance, and ________
A) temperature
B) susceptibility to error
C) radiability
D) height
B
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Preferred stock, on which the claims for unpaid dividends may be accumulated from year to year, is called
a. participating. b. nonparticipating. c. cumulative. d. noncumulative.
Pell Company acquires 80% of Demers Company for $500,000 on January 1, 2019. Demers reported common stock of $300,000 and retained earnings of $210,000 on that date. Equipment was undervalued by $30,000 and buildings were undervalued by $40,000, each having a 10-year remaining life. Any excess consideration transferred over fair value was attributed to goodwill with an indefinite life. Based on an annual review, goodwill has not been impaired.Demers earns income and pays dividends as follows: 2019 2020 2021Net income$100,000 $120,000 $130,000 Dividends 40,000 50,000 60,000 ??Assume the initial value method is applied.?Compute Pell's investment in Demers at December 31, 2021.
A. $625,000. B. $676,000. C. $500,000. D. $620,000. E. $592,400.
While you were walking your dog, she bit a child. Medical treatment for the child would fall under Coverage C: Personal Property
Indicate whether this statement is true or false.
Current liabilities require a transfer of assets or performance of services within the longer of ____________________ or one operating cycle.
Fill in the blank(s) with the appropriate word(s).