Profitability measures indicate a company's ability to pay its creditors by operating efficiently
Indicate whether the statement is true or false
F
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A company issued $300,000 of 20-year, 8 percent bonds at 96. If interest is paid semiannually, the entry to record the amount of bond interest expense recorded (assuming the straight-line method of amortization) on any interest date is:
A) Bond Interest Expense 12,000 Cash 12,000 B) Bond Interest Expense 24,300 Unamortized BondDiscount 300Cash 24000 C) Bond Interest Expense 23,700 Cash 23,700 D) Bond Interest Expense 12,300 Unamortized BondDiscount 300Cash 12000
Dingo Boot Company uses the direct method to prepare its statement of cash flows. The company had the following cash flows during 2014: Cash receipts from the issuance of common stock ......... $400,000 Cash receipts from customers ............................ 200,000 Cash receipts from dividends on long-term investments ... 30,000 Cash receipts from repayment of loan made to another company
............................................... 220,000 Cash payments for wages and other operating expenses .... 120,000 Cash payments for insurance ............................. 10,000 Cash payments for dividends ............................. 20,000 Cash payments for taxes ................................. 40,000 Cash payment to purchase land ........................... 80,000 See information regarding Dingo Boot Company above. The net cash provided by (used in) all activities is a. $580,000. b. $410,000. c. $380,000. d. $(60,000).
A consent order is ________
A) an agreement on the part of a company to accept a particular administrative action or remedy imposed by an agency, after having admitted guilt B) a court order issued by a federal district court requiring that a business cease to engage in a particular behavior C) an agreement by a business to stop an activity an administrative agency alleges to be unlawful and to accept the remedy the agency imposes, without having to accept guilt D) a court order issued by a federal appellate court ordering a federal district court to supervise an administrative agency's behavior
Which generation has been highly nurtured by family and others, and uses the Internet as their medium for communicating, entertaining, and learning?
A. Baby Boomers B. Generation X C. Generation Y D. Generation Z