Which of the following would be reported as an Asset with Restrictions on Use?
A. Cash restricted by debt covenants with lenders.
B. A cash contribution for a program activity, such as diabetes research.
C. Cash restricted by the board for purchase of new computer equipment.
D. A cash contribution for a new building.
Answer: D
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Which view of organizational culture makes more sense to you: Deal and Kennedy’s four cultures or Schein’s three-level model? In your essay, make sure to explain either: (1) Deal and Kennedy’s four cultures and give an example for each or (2) Schein’s three levels and give an example for each. Your response should also provide a clear and compelling reason for why you think one theory is superior to the other.
What will be an ideal response?
When a partner invests assets other than cash into a partnership, those assets should be listed on the balance sheet at
A) their original cost. B) their carrying (book) value. C) their fair market value. D) the value the investing partner assigns to them.
Fact sheets are written in prose to enable reporters to present their account of the subject in the same format over the air or in print
Indicate whether the statement is true or false
The Times interest earned ratio is a good indication of:
a. the company's outstanding debt. b. the company's ability to meet its interest payments. c. the company's ability to pay back its debt. d. the company's overall debt to equity ratio. e. None of the answers are correct.