In general, FASB standards concerning property, plant, and equipment are similar to the international accounting standards, with two important differences
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Develop an example of a job that would benefit from risk-taking.
What will be an ideal response?
In a point plan process, which of the following steps follows immediately after the design of the job evaluation plan is complete?
A. apply the plan to non-benchmark jobs B. perform job description C. conduct job analysis D. prepare a manual to communicate the plan E. determine compensable factors
Annual after-tax corporate net income can be converted to annual after-tax cash flow by
a. Deducting the quantity [(1-t) x depreciation deduction], where t is the corporate tax rate. b. adding back the quantity (t x depreciation deduction), where t is the corporate tax rate. c. deducting the depreciation amount. d. adding back the depreciation amount.
Stocks X and Y have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is CORRECT? X Y Price$25 $25 Expected dividend yield5% 3% Required return12% 10%
A. Stock X pays a higher dividend per share than Stock Y. B. One year from now, Stock X should have the higher price. C. Stock Y has a lower expected growth rate than Stock X. D. Stock Y has the higher expected capital gains yield. E. Stock Y pays a higher dividend per share than Stock X.