?Germany is experiencing balance-of-payment deficits and needs a short-term loan. It will most likely turn to _____ for the loan.
A. ?the International Monetary Fund.
B. ?the European Bank for Reconstruction and Development.
C. ?the World Bank.
D. ?the Federal Reserve Bank.
Answer: A
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On December 2, 2018, Eshares, Inc. purchases land. In payment for the land, Eshares, Inc. issues 6000 shares of common stock with $6 par value. The land has been appraised at a market value of $430,000. Which of the following is included in the journal entry to record this transaction?
A) debit Common Stock—$6 Par Value for $36,000 and debit Paid-In Capital in Excess of Par —Common $394,000 B) credit Common Stock—$6 Par Value for $36,000 and credit Paid-In Capital in Excess of Par—Common $394,000 C) credit Common Stock—$6 Par Value for $430,000 D) debit Cash $430,000
Answer the following statements true (T) or false (F)
Interest expense and long-term notes payable both appear in the financing section of the cash flow statement.
Core Process 3 is called "Discover and understand details.". Another term that is used to describe these activities is _______ activities
Fill in the blank(s) with correct word
Matrix, Inc. is considering opening a restaurant in Smallville and has located a prime vacant land location that is for sale. Matrix wants to do some market research and obtain financing for construction before purchasing the land, but is concerned that a competitor, Zion, Inc., will purchase the land if Matrix does not act immediately. What legal steps should Matrix take, short of purchasing the land now, to prevent Zion from acting before them? Explain.
What will be an ideal response?