For every one yen increase relative to the American dollar, Canon's operating income declines by 6 billion yen
Indicate whether the statement is true or false
TRUE
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The exercise price for stock option plans on the grant date is:
A. usually lower than the market price of the underlying shares. B. always higher than the market price of the underlying shares. C. always lower than the market price of the underlying shares. D. usually equal to or higher than the market price of the underlying shares.
A dilemma faced by negotiators is the dilemma of ________-how much should I believe what the other party tells me?
Fill in the blank(s) with the appropriate word(s).
Which of the following accounts is not included in the calculation of net income?
A. Rent revenue. B. Rent expense. C. Wages expense. D. Services revenue. E. Cash.
For the year ending June 30, 2010, Island Clinical Services mistakenly omitted adjusting entries for $1,200 of supplies that were used, (2 ) unearned revenue of $6,000 that was earned, and (3 ) insurance of $5,000 that expired. What is the combined effect of these errors on (a) revenues, (b) expenses, and (c) net income for the year ended June 30, 2010?