If $475,000 of bonds payable are sold at 101, $475,000 would be reported in the cash flows from financing activitiessection of the statement of cash flows
a. True
b. False
Indicate whether the statement is true or false
False
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At the beginning of 2021, Angel Corporation began offering a 1-year warranty on its products. The warranty program was expected to cost Angel 4% of net sales. Net sales made under warranty in 2021 were $180 million. Five percent of the units sold were returned in 2021 and repaired or replaced at a cost of $5.3 million. The amount of warranty expense in Angel's 2021 income statement is:
A. $27.0 million. B. $5.3 million. C. $7.2 million. D. $9.0 million.
A holder can convert a blank indorsement into a special indorsement by adding his or her signature on it
Indicate whether the statement is true or false
_________ are stable, long-lasting beliefs and preferences about what is worthwhile and desirable.
a. Skills b. Abilities c. Personality d. Values
Which of the following statements about GATS is true?
a. It does not address the recognition of licensing and professional qualifications. b. Countries may not exclude categories of services from the application of GATS. c. This is the first multilateral legally enforceable agreement to establish rules for international trade in services. d. All of the above