A feature article is likely to be more informative than a news release.
Answer the following statement true (T) or false (F)
True
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Borden Company incurred the following costs to acquire and prepare land for a new parking lot: purchase price for land, cost to clear the land, cost of paving, lighting for the parking lot, and landscaping for the parking lot. How should the company determine which costs should be recorded as Land Improvements and which cost should be recorded as Land?
a. The costs with an unlimited life will increase Land, and the costs with a limited useful life will increase Land Improvements. b. The costs with a limited life will increase Land, and the costs with an unlimited useful life will increase Land Improvements. c. The costs to be depreciated will increase Land, and the costs that will not be depreciated will increase Land Improvements d. Costs that are depreciable will increase Land Improvements, while other costs are expensed immediately because of a lack of definite life.
Most states require SUTA payments from employees
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. When a bond is issued at a premium, the interest expense calculation using the effective-interest amortization method uses the carrying amount of the bonds and the market rate of interest. 2. Using the effective-interest amortization method, the calculation for the amount of premium amortization is the difference between the cash paid for interest and the calculated interest expense based on the effective interest rate. 3. Using the effective-interest amortization method, the amount of premium amortization remains the same over the life of the bond.
Which of the following is a demographic factor that a company should consider before deciding to enter into a new country?
A) transportation structure B) natural resources C) political stability D) languages E) education