The withdrawals account is normally closed by debiting it.
Answer the following statement true (T) or false (F)
False
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Carlton, Inc presented the following information in a note to its financial statements for the year ending December 31, 2016: The company has a loan agreement with Beachside Bank that states: 1 . The current ratio should remain at least 2.0 to 1 at all times. 2 . The debt-to-equity ratio should not exceed .7 to 1 at any time. 3 . The times-interest-earned should be 5.0 or better. 4 . The
inventory-turnover should be 4.0 or better. The ratios at year-end are: current ratio, 2.3 to 1; debt-to-equity ratio, .6 to 1; times-interest-earned, 7.1; and inventory-turnover, 3.7 . Which of the following statements is true? a. Carlton was in default because of the inventory turnover. b. Carlton was in default because of the current ratio. c. Carlton was in default because of the debt-to-equity ratio. d. Carlton was in default because of the times-interest-earned.
Stomberg Corporation has provided the following data concerning an investment project that it is considering: Initial investment$550,000 Annual cash flow $180,000per yearSalvage value at the end of the project 14,000?See separate Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided.The life of the project is 4 years. The company's discount rate is 10%. The net present value of the project is closest to:
A. $184,000 B. $29,982 C. $579,982 D. $20,420
For simplicity's sake, most marketers generally limit their segmentation analysis to one or a few variables
Indicate whether the statement is true or false
Why must marketers NOT view a social medium as a connector?
A) Connectors are only found in traditional non-interactive media. B) Social media have limited appeal, reach, and influence over young consumers. C) Social media are vehicles for connecting marketers with connectors who then share opinions with the larger community. D) Product claims on the Internet are not verifiable, and most consumers do not trust social media. E) Social media are so new that marketers are still unsure of effective ways to wage public relations campaigns in this environment.