Revenues increase owner's equity; therefore, they should always be recorded directly on the credit side of the owner's capital account
Indicate whether the statement is true or false
F
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According to research, exporting is essentially a developmental process starting with the first stage when the firm exports to one or more markets on a trial basis
Indicate whether the statement is true or false
Whenever you consciously or unconsciously emit a message that another perceives to be a response to something he or she said or did, your message serves as which of the following?
A. listening B. continuing a conversation C. an answer D. feedback
Corporations sometimes consciously choose to break the law if it poses acceptable risks such as relatively light penalties for violation, if the benefits gained by doing so are great.
Answer the following statement true (T) or false (F)
Hydra Company entered into a direct-financing lease with Bridges Company for the use of an asset which cost Hydra $195,000 . The lease agreement contained a bargain purchase option effective immediately after the fifth rental, which provided that Bridges could purchase the asset at that time. The estimated life of the asset was 1 . years with an estimated residual value of $500 . Assuming that
Bridges uses straight-line depreciation, Bridges's annual depreciation expense would be a. $19,500 b. $19,450 c. $19,550 d. $19,000