If assets are expected to be realized in cash, sold, or consumed within one year, how are they reported on a classified balance sheet?
A) Property, plant, and equipment
B) Current assets
C) Intangible assets
D) Current liabilities
B
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Establishing the nonprofit’s mission is the responsibility of the organization’s ______.
A. board B. members C. chief executive officer D. human resources department
On September 1, 2013, Marker Corporation declared and issued a 20 percent common stock dividend. Prior to this date, Marker had 20,000 shares of $2 par value common stock that were both issued and outstanding. The market value of Marker's stock was $20 per share at the time the dividend was issued. As a result of this stock dividend, Marker's total stockholders' equity
a. decreased by $40,000. b. decreased by $400,000. c. increased by $400,000. d. increased by $40,000. e. did not change.
Why is it necessary to avoid discriminatory language? List the guidelines that help in avoiding bias in a document
Dawson Electronic Services had revenues of $106,000 and expenses of $63,000 for the year. Its assets at the beginning of the year were $413,000. At the end of the year assets were worth $463,000. Calculate its return on assets.
A. 9.8%. B. 10.4%. C. 25.7%. D. 9.3%. E. 24.2%.