Getting a loan you have to repay is known as

a) equity financing.

b) debt financing

c) amortized lending.

d) irrevocable trusts.

In the current year, Oriole Corporation donated a painting worth $30,000 to the Texas Art Museum, a qualified public charity. The museum included the painting in its permanent collection.

The ___ states that more of an item will be purchased at a lower price than at a higher price.

Suppose lenny is the sole owner of the football team, and has never created a separate business organization for it. how is the team owned? as a partnership. as a limited liability proprietorship. as a sole-proprietorship.

Do It! Review 1-3 Classify the following items as issuance of stock, dividends, revenues, or expenses. Then indicate whether each item increases or decreases stockholders' equity. 1. Dividends is; it stockholders' equity. 2.

Explain four different group/categories of people with whom the manager deals/work

Randolf, a wealthy connoisseur of arts, was invited to an art exhibition. He became very interested in one of the showcased paintings and approached the manager to buy the piece.

To cut costs, a broker-dealer hires some college interns. The firm allows the interns to make calls to potential clients to market investment opportunities in stocks, bonds, and mutual funds. This action would be:

Galla Inc. needs to determine a price for a new product. Galla desires a 25% markup on the total cost of the product. Galla expects to sell 5,000 units.

A table that shows annual compound rates of growth between selected periods of time. a. quality of life c. growth triangle b. real GDP d. standard of living

In a perpetual inventory system: a. Merchandise Inventory is debited every time inventory is purchased b. cost of Goods Sold is debited every time inventory is sold c. a physical inventory is taken at least annually d. All of the above.