What happens to the accounting equation when the adjustment for depreciation expense for the accounting period is recorded?
A) Assets and stockholders' equity decrease
B) Assets and stockholders' equity increase
C) Assets and liabilities decrease
D) Liabilities increase and stockholders' equity decreases
A
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The U.S. government borrows by auctioning its bonds in the
A. primary market. B. stock market. C. secondary market. D. derivative market.
____ can be used to manually recompile invalid program units.
A. COMPILE B. ALTER RECOMPILE C. ALTER COMPILE D. RECOMPILE
Marketing services is more challenging than marketing goods because:
a. of the unique characteristics of services, which includes intangibility, inseparability, heterogeneity, and perishability. b. consumers and business users can easily evaluate the quality of services. c. services tend to exhibit less experience and credence qualities. d. all service providers compete against each other, but firms selling tangible goods complement each other.
MVJ Corp., a market research firm, borrowed $2 million from Trimitium Bank. While negotiating with the bank, the firm signs a promissory note, which specifies that the firm must pay the borrowed amount in 90 days with interest. However, the bank also requires the firm's inventories and receivables to be pledged as collateral to back the loan. Which of the following short-term financing options is being offered by Trimitium Bank in the given scenario?
A. Spontaneous financing B. Short-term bank loans C. Bank debit D. Factoring