The cost of equity is greater than the cost of debt and increases with increasing financial leverage, but generally less rapidly than the cost of debt
Indicate whether the statement is true or false
FALSE
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Oregon Company Adjusted Trial Balance For the Year ended December 31, 2016 Cash $ 6,030 Accounts Receivable 2,100 Prepaid Expenses 700 Equipment 13,700 Accumulated Depreciation $ 1,100 Accounts Payable 1,900 Notes Payable 4,200 Capital Stock 12,940 Dividends 790 Fees Earned 8,750 Wages Expense 2,500 Rent Expense 1,960 Utilities Expense 775 Depreciation Expense 250 Miscellaneous Expense 85 ______
Totals $28,890 $28,890 Determine the net income (loss) for the period. a. Net Loss $5,570 b. Net Income $3,180 c. Net Loss $790 d. Net Income $2,390
Explain the characteristics of management fraud
When a negotiator is trying to discover the intangibles behind the opposing negotiator, they may
A. All of these are ways to discover intangibles. B. ask open questions to get the other party to reveal their intangibles. C. see evidence of the intangible. D. take an observer or a listener with them to the negotiation.
Based on the following trial balance for Barry's Automotive Shop, prepare an income statement, statement of retained earnings, and a balance sheet. There were no additional stock issuances during the year. Barry's Automotive ShopTrial BalanceDecember 31Cash$ 12,500?Accounts receivable1,500?Supplies500?Repair shop equipment27,000?Service truck33,000?Accounts payable?$2,600Common Stock?30,000Retained Earnings?8,525Dividends36,000?Service revenue?125,000Supplies expense3,425?Rent expense18,000?Utilities expense5,000?Gas expense7,200?Wages expense22,000? Totals$166,125$166,125
What will be an ideal response?