Which of the following is an incorrect step in the process of liquidation?
a. sell the assets
b. allocate gains or losses to partners
c. close all accounts payable
d. pay any liabilities
c
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Treasury stock that had been purchased for $6,400 last month was reissued this month for $8,500. The journal entry to record the reissuance would include a credit to
A) Treasury Stock for $8,500 B) Paid-In Capital from Treasury Stock for $8,500 C) Paid-In Capital in Excess of Par/Common for $2,100 D) Paid-In Capital from Treasury Stock for $2,100
Epic Systems' code of ethics does NOT include
A. expecting all company personnel to display honesty and integrity in their actions and avoid conflicts of interest. B. barring dealing with suppliers that employ child labor or engage in other unsavory practices. C. committing to a no-layoff policy and to adequate funding of employee retirement programs. D. avoiding use of company assets, resources, and property for personal or other inappropriate purposes. E. prohibiting giving or accepting bribes, kickbacks, or gifts.
A P/E ratio considers
A. profits relative to earnings. B. price of the stock relative to earnings. C. price of a preferred stock relative to earnings. D. profits relative to equity.
Which of the following statements is true of qualitative research methods?
A. Qualitative researchers usually collect detailed data from relatively small samples by asking questions. B. Qualitative data collection occurs over long time periods. C. Qualitative researchers emphasize their samples are made up of representative rather than relevant consumers. D. Qualitative research methods allow researchers to generalize findings to a larger population unlike quantitative research methods. E. Most practitioners regard qualitative research as being more reliable than quantitative research.