A T-account has a $2,110 credit balance. This account is most likely:
A) an expense.
B) a dividend account.
C) an asset.
D) a stock account.
D) a stock account.
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Which one of these is not an underlying assumption of MM Proposition I?
A. Securities are fairly priced. B. Capital markets function well. C. Investors can borrow or lend on the same terms as firms. D. Taxes remain at their current non-zero levels.
Bob is in the 6th grade. His family does not own a computer, and he really needs one to do his homework. He also wants one so he can play some of the games he hears his friends talking about. His parents realize that he needs a computer, but they really have no need for one and probably will never use it. Since they don't know much about computers, they are letting Bob do all the research and asked him to find the options that will meet his needs. However, his parents are the ones who will make the final decision on how much to spend and which computer to purchase. In terms of the family purchase roles, which role do Bob's parents play?
A. initiator B. information gatherer C. influencer D. decision maker E. user
The following information is available for Birch Company at December 31: Money market fund balance$2800?Certificate of deposit maturing June 30 of next year$15,100?Postdated checks from customers$1500?Cash in bank account$22,531?NSF checks from customers returned by bank$660?Cash in petty cash fund$210?Inventory of postage stamps$19?U.S. Treasury bill purchased on December 15 and maturing on February 28 of following year$10,100??Based on this information, Birch Company should report Cash and Cash Equivalents on December 31 of:
A. $35,641 B. $36,481 C. $40,660 D. $37,801 E. $50,741
Describe the cross-cultural value dimension of universalism
What will be an ideal response?