Which of the following should be classified as an extraordinary item on the income statement?
a. gain on a sale of a long-term investment
b. loss due to discontinued operations
c. restructuring charges
d. loss resulting from an infrequent natural disaster
d
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In 2015, 50 percent of U.S. families received less than $56,516 in income.
Answer the following statement true (T) or false (F)
A company issues 8% bonds with a par value of $40,000 at par on January 1. The market rate on the date of issuance was 7%. The bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bond holder(s) is:
A. $1,400. B. $0. C. $1,600. D. $3,200. E. $2,800.
Which of the following is true of an email?
A. It is useful in measuring the impact of a message. B. It is ideal for conveying confidential information. C. It can reach mass audiences fast. D. It includes nonverbal communication cues.
Social media is increasingly used for finding employee prospects
Indicate whether the statement is true or false