The Chinese prefer face-to-face seating arrangements when conversing
Indicate whether the statement is true or false.
F
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Use this information to answer the following question. These facts concern the long-term stock investments of DeBord Corporation: June 1, 2014 Paid cash for the following long-term investments: 5,000 shares Vanhook Corporation common stock (representing 5 percent of outstanding stock) at $40 per share; 3,000 shares Shust Corporation common stock (representing 3 percent of outstanding stock) at
$24 per share. Dec. 31, 2014 Quoted market prices at year end: Vanhook common stock, $35; Shust common stock, $27. April 1, 2015 A change in policy required the sale of 1,000 shares of Vanhook Corporation common stock at $38. July 1, 2015 Received a cash dividend from Shust Corporation equal to $.30 per share. Dec. 31, 2015 Quoted market prices at year end: Vanhook common stock, $39; Shust common stock, $22. The entry to adjust the Allowance to Adjust Long-Term Investments to Market in 2015 is: A) Unrealized Loss on Long-Term Investments 6,000 Allowance to Adjust Long-Term Investment to Market 6,000 B) Allowance to Adjust Long-Term Investment to Market 10,000 Unrealized Loss on Long-Term Investments 10,000 C) Unrealized Loss on Long-Term Investments 10,000 Allowance to Adjust Long-Term Investment to Market 10,000 D) Allowance to Adjust Long-Term Investment to Market 6,000 Unrealized Loss on Long-Term Investments 6,000
In comparing the current ratios of two companies, why is it invalid to assume that the company with the higher current ratio is the better company?
a. The two companies may be different sizes. b. A high current ratio may indicate inadequate inventory on hand. c. The two companies may define working capital in different terms. d. A high current ratio may indicate inefficient use of various assets and liabilities.
In a production process, the total time consumed by all tasks is 45 min. The total time available is 60 min. Given this information, the balance efficiency of the production process is ______.
A. 75% B. 175% C. 25% D. 125%
A typical focus group has ________ members.
A. 2 to 4 B. 12 to 15 C. 4 to 6 D. 6 to 8 E. 8 to 12