Specific intent requires an intentional act, but no specific knowledge of particular circumstances
Indicate whether the statement is true or false
F
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The Accounts Payable T account has the following amounts: $3,250 debit 5.670 credit What is the balance of the T account?
a. $2,420 debit b. $8,920 debit c. $2,420 credit d. $8,920 credit
Answer the following statements true (T) or false (F)
1. An accounts receivable turnover that is too high may indicate that credit is too tight, causing the loss of sales to good customers. 2. The debt ratio is the ratio of total debt divided by total equity. 3. The debt to equity ratio shows the proportion of total liabilities relative to total equity. 4. The times-interest-earned ratio measures the number of times earnings before interest and taxes can cover interest expense. 5. The rate of return on total assets measures a company's success in using its assets to earn a profit.
Having the discretion and the means to asymmetrically enforce one’s will over others is known as ______.
A. influence B. compassion C. coercion D. power
All corporations must issue preferred stock
Indicate whether the statement is true or false