The income statement and statement of cash flows provide information about the _____, respectively, of a firm during a period
a. asset and equity position at a moment in time and profitability
b. asset and equity position at a moment in time and liquidity
c. liquidity and profitability
d. profitability and liquidity
e. none of the above
D
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On July 1, 2018, Mason & Beech Services issued $33,000 of 10% bonds that mature in five years. They were issued at par. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December 31, 2018, what is the total amount paid to bondholders?
A) $1650 B) $3300 C) $825 D) $1100
Complete the following statement by choosing the best response: If the functional currency of a foreign subsidiary is the local currency of the country in which the foreign subsidiary operates, then
a. only retained earnings must be remeasured into U.S. dollars. b. the foreign subsidiary's financial statements must be remeasured into U.S. dollars. c. only the foreign subsidiary's assets and liabilities must be remeasured into U.S. dollars d. the foreign subsidiary's financial statements are translated into U.S. dollars.
The operations management function ______.
a. transforms outputs such as materials and energy and labor into useful products and services b. is responsible for designing, operating, and improving the processes used to produce goods and services that the final consumer values c. refers to the efficient and effective management of capital d. helps the company to identify new markets and what customers in these markets want
In the U.S., employers have the right to hire permanent strike replacements in:
A. an economic strike B. an unfair labor practice strike C. any strike that would create an economic hardship for the employer D. a noneconomic strike