Elements of a domain interact with each other the same way that the elements of a system interact
Indicate whether the statement is true or false
FALSE
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Carnes has the following account balances as of December 31, 2017 before an acquisition transaction takes place. Inventory$100,000Land400,000Buildings (net)500,000Common stock ($10 par)600,000Additional paid-in capital200,000Retained earnings200,000Revenues450,000Expenses250,000??The fair value of Carnes' Land and Buildings are $650,000 and $550,000, respectively. On December 31, 2017, Riley Company issues 30,000 shares of its $10 par value ($25 fair value) common stock in exchange for all of the shares of Carnes' common stock. Riley paid $10,000 for costs to issue the new shares of stock. Before the acquisition, Riley has $700,000 in its common stock account and $300,000 in its additional paid-in capital account.?What will be the consolidated additional paid-in capital as a result
of this acquisition? A. $440,000. B. $750,000. C. $950,000. D. $740,000. E. $940,000.
Given a current ratio of 5 to 3, what is the effect of paying a supplier within 30 days of the purchase?
a. The current ratio would increase. b. The current ratio would decrease. c. The current ratio would remain the same. d. Unable to determine.
Runners can compare performances, set up profiles, meet new people, and share information on Nike's Nike+ Web site. Nike+ is an example of a(n) ________
A) podcast B) blog C) online community D) content sponsorship program E) kiosk
Proactive measures to prevent organizational ethics problems include all of the following, except
A. using leaders as role models of ethical behaviour. B. issuing statements describing the organization's commitment to certain standards of behaviour. C. instituting a reward system which considers outcomes as its primary criterion. D. using the organization's information systems as a control system.