The recognition of depreciation is not intended to make the assets reflect their market value on the balance sheet

a. True
b. False
Indicate whether the statement is true or false


True

Business

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What is the correct formula in B8 to calculate the after-tax cost of debt?



a) =RATE(B1*B5,B2/B5*B4,-B3*(1-B6),B4)
b) =RATE(B1*B5,B2/B5*B4,-B3*(1-B6),B4)*B5*(1-B7)
c) =RATE(B1*B5,B2/B5*B4,-B3,B4)*B5*(1-B7)
d) =RATE(B1*B5,B2/B5*B4,-B3*(1-B6),B4)*(1-B7)

Business

A lease agreement included the following provisions: Inception of the lease: 1/1/2014 Annual lease payments of $6,000 are due 12/31/2014, 12/31/2015, 12/31/2016 Annual lease payments of $4,000 are due 12/31/2017, 12/31/2018, 12/31/2019 The lease calls for a total of six lease payments. The lessor's implicit rate of return is 12%. The lease is a capital lease to the lessor. How much interest

revenue is recognized in 2014 by the lessor, assuming a calendar-year fiscal year? a. $3,600 b. $3,419 c. $2,550 d. $2,118

Business

Plant closings, refusing to hire pro-union applicants, firing or harassing union supporters and using permanent strike replacements are all examples of:

A. Participatory management. B. Adversarial HR management. C. Union suppression. D. Union substitution.

Business

Krishna and Ravi operate a sari store as a partnership. They agree privately that they will not order supplies over $10,000 without both signatures. When Krishna is on vacation, Ravi orders $20,000 worth of silk

Krishna objects to paying the supplier and wants to return the shipment. The supplier sues the partnership. Which of the following is true? A) the partnership must pay the supplier because private restrictions don't affect outsiders to the partnership B) the partnership must pay because it owes a fiduciary duty to the supplier C) the partnership does not have to pay because Ravi exceeded her authority D) the partnership does not have to pay because Ravi exceeded her apparent authority. E) the supplier has to take back the shipment since there were not two signatures on the contract

Business