Answers

AM

Answered

Which of the following are a type of indispensable paper?

A) Fixtures
B) Documents of title
C) Accounts
D) Fixtures,documents of title,and accounts
E) Fixtures and documents of title,but not accounts

On Jul 10, 2024


B
AM

Answered

A perfectly inelastic supply curve is

A) horizontal.
B) vertical.
C) positively sloped.
D) negatively slopeD.

On Jul 07, 2024


B
AM

Answered

Ethical behavior refers to conducting yourself in the proper manner and treating others fairly.

On Jun 10, 2024


True
AM

Answered

Tani Corporation's most recent balance sheet appears below: Tani Corporation's most recent balance sheet appears below:   The company's net income for the year was $18 and it did not sell or retire any property, plant, and equipment during the year.Cash dividends were $4.The net cash provided by (used in) investing activities for the year was: A) ($45)  B) $45 C) ($3)  D) $3 The company's net income for the year was $18 and it did not sell or retire any property, plant, and equipment during the year.Cash dividends were $4.The net cash provided by (used in) investing activities for the year was:

A) ($45)
B) $45
C) ($3)
D) $3

On Jun 07, 2024


A
AM

Answered

The Jessie Company acquired a competitor company in January 2010.When Jessie's accountant recorded the purchase, she correctly recorded an amount for goodwill based on the expectation of the acquired company's earning a rate of return on its assets that was in excess of the industry's rate of return.In fact, the acquired company doubled the expected rate of return in 2010 and 2011.As a result of these increased earnings, in early 2012 the president of the Jessie Company asked the company's accountant to increase the amount recognized as goodwill.
Required:
The Jessie Company acquired a competitor company in January 2010.When Jessie's accountant recorded the purchase, she correctly recorded an amount for goodwill based on the expectation of the acquired company's earning a rate of return on its assets that was in excess of the industry's rate of return.In fact, the acquired company doubled the expected rate of return in 2010 and 2011.As a result of these increased earnings, in early 2012 the president of the Jessie Company asked the company's accountant to increase the amount recognized as goodwill. Required:

On May 11, 2024


AM

Answered

A check is a draft that is payable on demand.

On May 08, 2024


True