If net income for a company was $50,000, $20,000 in cash dividends were paid and the shareholders invested $10,000 in cash, the stockholders' equity increased by $40,000. True / False.

Rick's wholesale office supplies prefers to handle its accounts receivable itself, but it also needs to use them to facilitate short-term borrowing. what can rick's do?

Richman Company purchased $1,200,000 of 8%, 5-year bonds from Carlin, Inc. on January 1, 2021, with interest payable on July 1 and January 1. The bonds sold for $1,249,896 at an effective interest rate of 7%.

Which statement is TRUE concerning the relationship between efficiency and equity? Policies designed to increase equity will also increase efficiency. There is no trade-off between efficiency and equity if policies are fair.

Ian batting sold a computer for $255 that originally cost him $1,200. what was ian's percent of decrease based on the cost of the computer?

Which of the following choices is NOT a use for project plans in the workplace? A. event planning B. teacher lesson plans C. architectural blueprints D. memos about new corporate meeting times

The account "Warranty Liability": is adjusted at the end of the year. is credited each time a warranty repair is made. has a year-end credit balance equal to the cost of warranty repairs made during the year. is closed at the end of the year.

What percentage of U. S. households have no access to banking services? A) 8 percent B) 10 percent C) 15 percent D) 50 percent

Gina Davidson has received $50,000 in a divorce settlement and is trying to decide how to invest it. She has looked at stocks but knows that some stocks have lost a lot of value for their owners recently.

Milo, a highly successful attorney, just received a $200 ticket for speeding. jim, an unemployed father of six, received a $50 fine for parking in a restricted area.

A business purchases equipment by paying $6,276 in cash and issuing a note payable of $19,177. Which of the following occurs? Select one: A. Cash is credited for $6,276, Equipment is credited for $25,453, and Notes Payable is debited for $19,177. B.