Under the cost method, when treasury stock is purchased by the corporation, the par value and the price at which the stock was originally issued are important
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following types of variables characterizes the differences between people in terms of lifestyles, personalities, and social class?
A) geographic B) demographic C) psychographic D) behavioral
You received a request for information that included a list of questions numbered 1 through 10. When you reply, ________
A) answer the first five questions only, as 10 is too many to address in one message B) include your answers ordered 1 through 10 as well C) reorder the questions according to their relative importance D) label your answers A through J, to downplay the inappropriately large number of questions asked E) answer only as many questions as you can fit on one page
On January 1, Whitecastle Company established a petty cash fund for $250. On January 31, when the petty cash fund was replenished, it contained $70.40 in cash and petty cash receipts for: postage expense, $49.60; office supplies, $62; entertainment expense, $64.21Required:a) Record in general journal format the entry to establish the petty cash fund.b) Record in general journal format the entry to record the disbursements and replenish the petty cash fund.
What will be an ideal response?
You just purchased a 12-year, $1,000 face value, zero coupon bond with a yield to maturity of 9.00%. If your tax rate is 17.00%, how much in taxes will you have to pay at the end of the first year of holding the bond? Do not round your intermediate calculations.
A. $5.11 B. $6.15 C. $6.31 D. $4.90 E. $5.44