The amount of the net income for a period appears on both the income statement and the balance sheet for that period
Indicate whether the statement is true or false
False
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Jason's mother would like him to go to college, so in June he enrolls at the local university. He also quits his job and tells his mother his plans to take classes. His mother says, "I'm so happy that you are going to college that I want to pay for your books." Jason then sends her a bill for $485 . Jason's mother's promise is:
a. enforceable, because Jason returned to college. b. enforceable, because Jason is giving up the right to do something else. c. unenforceable, because it is a unilateral contract. d. unenforceable, because Jason had already enrolled in school when she made the statement that she wanted to pay for his books, and there is no consideration.
With regard to the formula WACC = × Re + × Rd × (1 - Tc), which of the statements below is FALSE?
A) Tc is the corporate tax rate. B) is the equity to firm value ratio. C) Re is the cost of equity. D) Rd × (1 - Tc) is the before-tax cost of debt.
Describe the changes that were brought about by the Gramm-Leach-Bliley Act, and, its overall impact on financial services today
What will be an ideal response?
The Internet does not have intrinsic security protocols
Indicate whether the statement is true or false