Liquidated damages in real estate contracts:
A)?Can be the earnest money deposit
B)?Are in addition to actual damages.
C)?Are illegal.
D)?None of the above
A
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If dividends declared per share during 2008 (the base year), 2009, and 2010 are $2.40, $1.80, and $3.84, respectively, the index numbers assigned to 2009 and 2010, respectively, are
a. 75 and 160. b. 60 and 165. c. 180 and 150. d. 133.3 and 180.
On January 1, 20X9, Princeton Company acquired 80 percent of the common stock and 60 percent of the preferred stock of Stanford Company, for $400,000 and $60,000, respectively. At the time of acquisition, the fair value of the common shares of Stanford Company held by the noncontrolling interest was $100,000. Stanford Company's balance sheet contained the following balances: Preferred Stock ($5 par value)$100,000 Common Stock ($10 par value) 200,000 Retained Earnings 300,000 Total Stockholders' Equity$600,000 For the year ended December 31, 20X9, Stanford Company reported net income of $100,000 and paid dividends of $40,000. The preferred stock is cumulative and pays an annual dividend of 10 percent.Based on the preceding information, what will be the equity method income reported
by Princeton Company from its investment in Stanford Company during 20X9? A. $32,000 B. $72,000 C. $48,000 D. $30,000
Which of the following would be considered a change that affects consistency?
A. Change in accounting estimate. B. Change in accounting principle. C. Change in classification and reclassification. D. All of the other options are correct.
An operations manager is expected to perform several key activities EXCEPT:
a. coordinating the acquisition of materials, supplies, and services. b. determining when resources should be assigned to work. c. managing cash flow and strategic investments. d. making use of technology to improve productivity.