Barry Corporation holds equity securities earning $250 through dividend declarations and debt securities earning $300 from interest earned and that it has not yet received these amounts in cash. The entry is as follows:
a. Dividend Revenue............................................250
Interest Revenue...............................................300
Dividends and Interest Receivable..............................550
b. Dividend Revenue............................................250
Interest Revenue...............................................300
Dividends and Interest Payable...................................550
c. Dividends and Interest Receivable.................. 550
Dividend Revenue........................................................250
Interest Revenue...........................................................300
d. Dividends and Interest Payable........................550
Dividend Revenue........................................................250
Interest Revenue...........................................................300
e. Dividends and Interest Payable........................550
Dividends and Interest Receivable...............................550
C
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Indicate whether the statement is true or false
Catalina and Christian share a work station on the assembly line. Catalina works the morning shift and Christian works the afternoon shift. Catalina is 5’2” tall and Christian is 5’10” tall. The workstation can be lowered to Catalina’s height and then raised to Christian’s height. Catalina and Christian’s jobs have a(n) ______ design.
A. mechanistic B. organic C. biological D. perceptual-motor
For both men and women, the vocal cue of ______ has the stereotype of being masculine, sluggish, cold, and withdrawn.
a. breathiness b. thinness c. flatness d. nasality
Boynes Corporation is considering a capital budgeting project that would require investing $200,000 in equipment with an expected life of 4 years and zero salvage value. Annual incremental sales would be $490,000 and annual incremental cash operating expenses would be $330,000. The project would also require an immediate investment in working capital of $10,000 which would be released for use elsewhere at the end of the project. The project would also require a one-time renovation cost of $70,000 in year 3. The company's income tax rate is 30% and its after-tax discount rate is 14%. The company uses straight-line depreciation. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting. The total
cash flow net of income taxes in year 3 is: A. $78,000 B. $57,000 C. $90,000 D. $127,000