Bootstrap financing decreases the company's flexibility and drive for sales.

Answer the following statement true (T) or false (F)


False

Business

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The cost of replacing minor parts, conducting normal maintenance, and cleaning are debited to the ____________________ account

Fill in the blank(s) with correct word

Business

Which of the following is not a required disclosure regarding intangible assets that are amortized for each period a company presents a balance sheet?

A) the total cost B) the accumulated amortization C) the amortization expense D) the estimated amortization expense for the next ten years

Business

Direct physical contact, such as intentionally hitting someone with a fist, is considered battery.

Answer the following statement true (T) or false (F)

Business

On December 31 . 2013 and 2014, Tomlin Corporation had 100,000 shares of common stock and 50,000 shares of noncumulative and nonconvertible preferred stock issued and outstanding. Additional information: Stockholders' equity at 12/31/2014 .................... $4,500,000 Net income year ended 12/31/2014 ...................... 1,200,000 Dividends on preferred stock year ended 12/31/2014

300,000 Market price per share of common stock at 12/31/2014 .. 144 The price-earnings ratio on common stock at December 31 . 2014, was a. 10 to 1. b. 12 to 1. c. 14 to 1. d. 16 to 1.

Business