The case of Kiwi Airlines is an example of:
a. successful participation.
b. a leader not being ready for participation.
c. lack of employee training in participation.
d. too much participation by employees.
d. too much participation by employees.
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On January 1, 2018, Como Company purchased 45% of the outstanding common shares of the Lite Company for $200,000. The net assets of Lite Company totaled $400,000. The inventory had a book value of $100,000 and a fair value of $120,000. Excess cost attributable to inventory is written off in 2018. During 2018, Lite Company earned $200,000 and declared a dividend of $40,000 for the year.The excess amount paid for Lite Company attributable to inventory is
A. $9,000. B. $20,000. C. $11,000. D. $22,000.
For the first time in history, ______ generations are working side by side.
a. three b. four c. five d. six
Treasury stock or treasury shares are shares a firm has previously issued and later reacquired. Which of the following is/are not true?
a. Some firms believe that their own shares provide a good investment. b. Evidence supports the notion that share prices often increase after a firm announces a share repurchase program. c. Share repurchases reduce common shareholders' equity and increase the proportion of debt in the capital structure, making the firm more risky and therefore less attractive to an unfriendly bidder. d. Some firms even borrow cash to repurchase shares, which affects the debt ratios even more than using already available cash to reacquire shares. e. Share repurchases use up available cash and thereby increase the attractiveness of the company to outsiders who believe that the stock buy back makes the company an attractive target.
The type of account and normal balance of Accumulated Depreciation is
A) asset, credit B) asset, debit C) contra asset, credit D) contra asset, debit