___________________________________ is a measure of a company's ability to meet its future debt obligations after paying income taxes and interest costs and making capital expenditures
Fill in the blank(s) with correct word
Cash flow adequacy
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Which statement about an acknowledgments page is NOT accurate?
a. It is a required preliminary in formal reports. b. It may be written in first person even if the report is written in third person. c. It is a gracious, but nonessential, part of a formal report. d. It should not be used if the transmittal message acknowledges people who as-sisted with the project.
Accountants have to sign a written consent before their audited report can be included in a registration statement
a. True b. False Indicate whether the statement is true or false
Martin was unable to pay $2,000 she owed Farmer on April 10, the due date. Martin offered her a computer and several programs in full payment instead of cash, and Farmer accepted. Martin was discharged from her contract by
a. impossibility. b. accord and satisfaction. c. tender of performance. d. substantial performance.
A firm issued 5,000 shares of $1 par-value common stock, receiving proceeds of $20 per share. The amount recorded for the paid-in capital in excess of par account is ________
A) $5,000 B) $95,000 C) $100,000 D) $0