Ownership concentration is defined by the number of large-block shareholders and the total percentage of the firm's shares they own.
Answer the following statement true (T) or false (F)
True
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The major shortcoming of income from operations as an investment center performance measure is that it ignores the amount of revenues earned by the center
Indicate whether the statement is true or false
Use the following company information to calculate net cash provided or used by investing activities:(a) Equipment with a book value of $175,000 and an original cost of $300,000 was sold at a loss of $17,000.(b) Paid $62,000 cash for a new truck.(c) Sold land costing $32,000 for $36,000 cash, realizing a $4,000 gain.(d) Purchased treasury stock for $61,000 cash.(e) Long-term investments in stock are sold for $41,000 cash, realizing a gain of $3,500.
What will be an ideal response?
The accounting rate of return also is known as the average rate of return or annual rate of return
Indicate whether the statement is true or false
Choose the best example of a promissory warranty
A) The cargo is not flammable B) This vessel is seaworthy C) The building's fire sprinkler system works and will work D) The dump truck is in good condition