Which of the following is true regarding media placement costs on social media?
A. The only expenses companies have to pay are the direct media costs.
B. The use of social media platforms is entirely without cost.
C. Social media usage is free, but its effectiveness is uncertain.
D. There are no direct media costs, but the use of social media platforms is not free.
E. Social media platforms are among the most expensive on which to place media.
Answer: D
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Amex Corporation invests excess cash to purchase $25,000 in corporate bonds on March 30, 2018. In addition to the $25,000, Amex also paid a brokerage fee of $1,000. Amex intends to hold the bonds until maturity and has the ability to do so. When the bonds mature on March 30, 2020, Amex plans to use the cash for its business expansion. Which of the following is included in the journal entry on March 30, 2018?
A) a debit to Held-to-Maturity Debt Investments for $25,000 B) a debit to Trading-Debt Investments for $25,000 C) a debit to Held-to-Maturity Debt Investments for $26,000 D) a debit to Trading-Debt Investments for $26,000
Digital Corporation The following data concern Digital Corporation for 2012. Credit sales during the year $2,400,000 Accounts receivable--December 31, 2012 410,000 Allowance for bad debts--December 31, 2012 55,000 Bad debt expense for the year 35,000 Refer to the information provided for Digital Corporation. What amount will Digital show on its year-end balance sheet for the net realizable value
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In Grant Thornton v. Prospect High Income Fund, the Texas Supreme Court held:
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