When a firm borrows money, one effect on the accounting equation is a(n)

A. decrease in contributed capital.
B. increase in assets.
C. decrease in liabilities.
D. decrease in assets.


Answer: B

Business

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A radical change that involves proactive, discontinuous actions on the part of leaders and their firms is fundamentally ______.

a. transactional b. charismatic c. transformative d. successful

Business

In a statement of cash flows, payments to acquire long-term bonds or other debt instruments with maturities greater than one year of other entities should be classified as cash outflows for

a. operating activities. b. financing activities. c. investing activities. d. lending activities. e. exchange transactions.

Business

What is net realizable value?

Business

Which of the following is true of the selection of a channel of communication??

A) ?If a message is straightforward and informative, a technological communication channel is inappropriate. B) ?Before choosing a communication channel, it should be determined whether a permanent record of a message is needed or if a temporary form would suffice. C) ?Employees that are floors apart or in different offices or time zones cannot benefit from email and Web communications. D) ?Personal interaction cannot replace written communication, printed or online, which is essential in today's team-based work environments.

Business