When a lease is assigned, the assignee becomes the sole obligor for rent payments, and the original lessee is discharged from the lease.?
Indicate whether the statement is true or false
False
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In opening the books for a partnership, it is customary to prepare a single journal entry for the investment of all partners
a. True b. False Indicate whether the statement is true or false
Which type of strategic market plans are important sources of growth and improving share position?
A) offensive strategic market plans B) defensive strategic market plans C) harvest strategic market plans D) divest strategic market plans E) monetize strategic market plans
Halverstein Company's outstanding stock consists of 7,000 shares of cumulative 5% preferred stock with a $10 par value and 3,000 shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividends Declared & PaidYear 1$0Year 2$6,000Year 3$32,000The amount of dividends paid to preferred and common shareholders in Year 2 is:
A. $4,200 preferred; $1,800 common. B. $3,500 preferred; $2,500 common. C. $6,000 preferred; $0 common. D. $0 preferred; $6,000 common. E. $3,000 preferred; $3,000 common.
Benefits of project audits include
A) reduce time and cost overruns during execution. B) reduce project risks. C) provide project details with a known degree of uncertainty. D) all of the above.