Premium on Bonds Payable is a balance sheet item for Ohio Products Company. How would it most likely be classified on the balance sheet?
a. An increase to a long-term liability
b. Revenue
c. Long-term asset
d. Contra liability
a
You might also like to view...
Answer the following statements true (T) or false (F)
Since 1935, U.S. labor law has proved to be very adaptable to changes in the business climate including the decline of mass manufacturing, blurring distinctions between management and nonmanagement jobs, and globalization. In nonunion environments, management has unilateral control over when and how employees are allowed to express their voice. Compared to businesses in other countries, U.S. businesses are more likely to welcome the opportunity to bargain collectively with their employees. U.S. labor law is considered by labor supporters to be a strong piece of protective legislation. The number of union members grew into the 1970s but it has declined since that time. The number of U.S. workers who say they want representation or a "collective voice" at the workplace is very close to the number of workers that actually have it through unions.
Competitive strength can be determined by assigning measures based on perceived importance because
A. the results provide a more reliable measure of what competitive moves rivals are likely to make next. B. it eliminates the bias introduced for those firms having large market shares. C. it provides a more accurate assessment of the strength of competitive forces. D. the different measures of competitive strength are unlikely to be equally important. E. weighting each company's overall competitive strength by the size of its market share produces a more accurate measure of its true competitive strength.
________ are mandatory laws and provisions that specify the characteristics of products; the processes and production methods for creating products; and the terminology, symbols, packaging, marking, or labeling requirements for products, processes,
or production methods. A. Stabilization clauses B. Technical regulations C. Rules of origin D. Safeguards
If a firm has excess cash that it will need after a period of four months, the financial manager may acquire 1. negotiable certificates of deposit 2. Treasury bills 3. commercial paper?
A. ?1 and 2 B. ?1 and 3 C. ?2 and 3 D. ?1, 2, and 3