A specialization hierarchy can have _____ level(s) of supertype/subtype relationships
a. zero b. only one
c. one or many d. many
d
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Exhibit 14-13 Yoho Corp issued $500,000 of its ten-year 6% bonds at 104. Each $1,000 bond carries ten warrants. Each warrant allows the holder to purchase one share of $10 par common stock for $50. Following the sale, relevant market values were: Bonds $980 (ex rights) Warrants $14 each Common stock $60 each ? Refer to Exhibit 14-13. The entry to record the sale of the bonds would include a
A) debit to Discount on Bonds Payable for $10,000. B) credit to Bonds Payable for $490,000. C) debit to Cash for $560,000. D) credit to Common Stock Warrants for $65,000.
Japan is a major exporter of manufactured goods, services, and investment funds. Japan also exports its goods to other types of economies for raw materials and semi-finished goods. This is an example of a(n) ________ economy
A) agricultural B) emerging C) industrial D) raw material exporting E) subsistence
According to generally accepted accounting principles, the proper accounting treatment for the cost of a trademark that management feels will retain its value indefinitely is to
a. write the cost off immediately. b. amortize the cost over a reasonable life. c. amortize the cost over five years. d. carry the cost as an asset indefinitely.
Which of the following is a performance appraisal program where leaders meet with their direct reports and set specific performance objectives jointly?
A. self-guided goal setting B. forced-ranking performance appraisal C. management by objectives D. management by walking around