The United States has two separate and distinct court systems: the federal court system and the state and local court system
Indicate whether the statement is true or false
T
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Only a small number of retailers charge exit fees compared to the large percentage that use slotting fees
Indicate whether the statement is true or false
Which of the following statements is CORRECT?
A. A sunk cost is any cost that was expended in the past but can be recovered if the firm decides not to go forward with the project. B. A sunk cost is a cost that was incurred and expensed in the past and cannot be recovered if the firm decides not to go forward with the project. C. Sunk costs were formerly hard to deal with but now that the NPV method is widely used, it is possible to simply include sunk costs in the cash flows and then calculate the PV of the project. D. A good example of a sunk cost is a situation where Home Depot opens a new store, and that leads to a decline in sales of one of the firm's existing stores. E. A sunk cost is any cost that must be expended in order to complete a project and bring it into operation.
The use of sophisticated information sharing platforms has increased in recent years in many organizations. This has helped to
A. keep employees satisfied with social networks. B. facilitate internal and external collaboration. C. override the need for email. D. increase paperwork.
[The following information applies to the questions displayed below.] On January 1, Year 1, Jones Company issued bonds with a $200,000 face value, a stated rate of interest of 7.5%, and a 5-year term to maturity. The bonds were issued at 97. Interest is payable in cash on December 31st of each year. The company amortizes bond discounts and premiums using the straight-line method.What is the total amount of liabilities shown on Jones' balance sheet at December 31, Year 2?
A. $196,400 B. $195,200 C. $194,000 D. $191,600