A weakness in the capital budgeting process is the funds for an investment proposal obtained by
issuing bonds, and the respective interest payments, are not considered in the capital budgeting
process.
Indicate whether the statement is true or false
FALSE
You might also like to view...
Which of the following is not a step in the accounting process?
A. Post journal information to ledger accounts. B. Record relevant transactions and events in a journal. C. Identify each transaction and event from source documents. D. Ensure all cash is distributed to stockholders at the end of each period. E. Analyze each transaction and event using the accounting equation.
Assume a corporation receives subscriptions for 8,000 of its $4 par common stock for $50,000 . After the final cash payment has been received for the subscription, what is the final journal entry?
a. Common stock subscriptions receivable is debited $32,000, accounts receivable is debited $18,000 and common stock subscribed is credited $50,000. b. Common Stock Subscribed is debited $32,000, Paid-in Capital in Excess of Par-Common Stock is debited $18,000 and Common Stock Subscriptions Receivable is credited $50,000. c. Common stock is credited $32,000 and common stock subscribed is debited $32,000. d. Common stock subscribed is debited $32,000, revenue is debited $18,000 and common stock subscriptions receivable is credited $50,000. e. Common Stock Subscribed is debited $32,000 and Common Stock is credited $32,000.
Classify each of the following transactions for the purpose of the statement of cash flows as operating activities (OA), investing activities (IA), financing activities (FA), or not reported on the statement of cash flows (NA).1) ________Collected accounts receivable2) ________Made adjusting entry to accrue salary expense at the end of the year3) ________Borrowed funds from the bank4) ________Paid rent for the month5) ________Paid cash to settle accounts payable6) ________Issued common stock for $30,000 cash7) ________Paid cash to acquire land
What will be an ideal response?
In lean systems, work-in-process inventory is a direct result of overproduction and waiting
Indicate whether the statement is true or false