Non-operating activities that include interest, dividend, and rent revenues, and gains from asset disposals are called ________.
What will be an ideal response?
other revenues and gains
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What is the difference between stock options and an employee stock ownership plan (ESOP)?
A. Stock options are usually granted to company executives, whereas ESOPs are provided to all employees. B. Earnings from stock options are exempt from income taxes, whereas earnings from ESOPs are taxable. C. Under stock options, employees can sell their stocks, whereas ESOPs do not allow employees to sell their stocks. D. In stock options, stocks are placed into a trust, whereas ESOPs give employees the right to buy a certain number of shares of stock. E. Stock options carry significant risk, whereas ESOPs are risk-free.
If 10,000 stock warrants are issued to the general public for $10,000, and later those warrants and $150,000 are exchanged for 10,000 shares of no-par stock, the entry to record the exercise of the warrants would be:
a. Cash 150,000 Common Stock Warrants 10,000 Common Stock 160,000 b. Cash 150,000 Common Stock 140,000 Common Stock Warrants 10,000 c. Cash 150,000 Common Stock Warrants 10,000 Common Stock 150,000 Add'l Paid-in Capital-Stock Warrants 10,000 d. Cash 150,000 Warrant Stock 150,000 e. Cash 150,000 Common Stock Warrants 10,000 Warrant Stock 150,000 Add'l Paid-in Capital-Stock Warrants 10,000
The higher the times interest earned ratio, the better the creditors' protection
Indicate whether the statement is true or false
Informal efforts, as opposed to official job assignments, in which employees work to create new products and processes of their own choosing and initiative refer to
A. sponsorship. B. spin-offs. C. horse trading. D. bootlegging. E. skunkworks.