_____, the time during which ISs or data are not available in the course of conducting business, has become a dreaded situation for almost every business worldwide.
Fill in the blank(s) with the appropriate word(s).
Downtime
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Carl and Stefanie each invest $15,000 in a business and are given shares of stock in Thibeau Industries as evidence of their ownership interests. For this transaction, identify the effect on the accounting equation
a. Assets increase and liabilities increase. b. Assets increase and stockholders' equity increases. c. Liabilities increase and stockholders' equity decreases. d. Liabilities decrease and assets decrease.
Companies selling their goods to nonprofit organizations often charge a premium over their normal prices because these organizations are largely indifferent to price
Indicate whether the statement is true or false
Which of the following is not a factor that retailers consider in setting prices?
A. The cost of the merchandise and services B. Legal restrictions C. Price sensitivity of consumers D. Competition E. Language barriers
Which of the following is/are not true?
a. Firms sometimes issue bonds with stock warrants attached and allocate the amount received between the bonds and the warrants based on their respective fair values. b. When firms issue convertible bonds U.S. GAAP requires firms to allocate the full issue price between the bonds and the conversion feature. c. IFRS requires firms to allocate the issue price between the bonds and the conversion feature. d. Under IFRS, the firm allocates the issue price of bonds with terms similar to those issued but without the conversion feature to the bonds and the remainder of the issue price to the conversion option. e. all of the above