The price at which a stock can be sold depends upon a number of factors. Which statement below is not one of those factors?
A) the financial condition, earnings record, and dividend record of the corporation
B) investor expectations of the corporation's earning power
C) how high the par value
D) general business and economic conditions and prospects
C
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Martinez Co borrowed $50,000 on March 1 of the current year by signing a 60day, 9%, interest-bearingnote. Assuming a 360-day year, when the note is paid on April 30, the entry to record the payment should include a
a. debit to Interest Payable for $750 b. debit to Interest Expense for $750 c. credit to Cash for $50,000 d. credit to Cash for $54,500
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What will be an ideal response?
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What will be an ideal response?
Give an account of zoning. What are nonconforming uses?
What will be an ideal response?