If the Swiss demand for dollars is elastic, then an appreciation of the dollar against the franc will lead to a greater quantity of francs being supplied to the foreign exchange market to obtain dollars.
a. True
b. False
a. True
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Bonds are a popular source of financing because
a. bond interest expense is deductible for tax purposes, while dividends paid on stock are not. b. financial analysts tend to downgrade a company that has raised large amounts of cash by frequent issues of stock. c. a company having cash flow problems can postpone payment of interest to bondholders. d. the bondholders can always convert their bonds into stock if they choose.
Eduardo's Dance Studio provided $390 of dance instruction and rented out its dance studio to the same client for another $220. The client paid immediately. Identify the general journal entry below that Eduardo's will make to record the transaction.
A.
| Unearned Revenue | 610? | |
| Rental Revenue | 220? | |
| Instruction Revenue | 390? |
B.
| Accounts Payable | 610? | |
| Rental Revenue | 220? | |
| Instruction Revenue | 390? |
C.
| Rental Revenue | 220? | |
| Instruction Revenue | 390? | |
| Cash | 610? |
D.
| Cash | 610? | |
| Rental Revenue | 220? | |
| Instruction Revenue | 390? |
E.
| Accounts Receivable | 610? | |
| Rental Revenue | 220? | |
| Instruction Revenue | 390? |
If the seller wishes to make his goods available to the buyer at his place of business with the buyer arranging all transportation and bearing all risks from the time the goods leave the seller's door, the seller should quote his prices: A) Ex carriage
B) CIF seller's factory. C) Ex factory. D) FAS seller's dock. E)None of the above.
Content validity is a means of isolating and testing for specific traits or characteristics that are deemed essential for job performance
Indicate whether the statement is true or false