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External link to Question : 11. Brokers’ fees incurred in the issuance of a corporation’s stock : 1313621
Economics

Question : 11. Brokers’ fees incurred in the issuance of a corporation’s stock : 1313621

    11. Brokers’ fees incurred in the issuance of a corporation’s stock are considered organizational expenditures. a. True b. False   ANSWER:  False RATIONALE:  Brokers’ fees incurred on the issuance of a corporation’s stock are not considered organizational expenditures. POINTS:  1 QUESTION TYPE:  True / False HAS VARIABLES:  False LEARNING OBJECTIVES:  ITF.WABG.15.LO:11-03 – LO:11-03     12. To prevent triple taxation, a corporation is entitled to deduct 50 percent of the dividends received from other domestic corporations. […]

External link to Question : 1.              Which of the following not a property of gases? A)Gases : 1335478
Economics

Question : 1.              Which of the following not a property of gases? A)Gases : 1335478

1.              Which of the following is not a property of gases? A)Gases are compressible. B)Gases expand to fill their containers. C)The density of a gas is similar to that of a liquid. D)Gas particles move about rapidly. E)If one property, such as pressure or volume, or a gas changes, one or more other properties must change as well.   2.              Which of the following is […]

External link to Question : 119.VelCraft allocates costs from its payroll department and the maintenance : 1302770
Economics

Question : 119.VelCraft allocates costs from its payroll department and the maintenance : 1302770

    119.VelCraft allocates costs from its payroll department and the maintenance department to its production departments using the direct method of allocation. Payroll department costs are allocated based on the number of employees in the department and maintenance department costs are allocated based on the number of square feet that the production department occupies within the factory. Information about the departments is presented below: […]

External link to Question : 11) Which of the following NOT a major argument for : 1238266
Economics

Question : 11) Which of the following NOT a major argument for : 1238266

  11) Which of the following is NOT a major argument for restricting international trade? A) the promotion of dumping in America B) the national security argument C) the infant industry argument D) the prevention of dumping argument E) saves U.S. jobs argument 12) A flawed argument for protection from foreign trade is that i.tariffs save domestic jobs. ii.tariffs protect the national culture. iii.quotas bring […]

External link to Question : 53) Labor productivity will increase if the ________ increases and : 1388365
Economics

Question : 53) Labor productivity will increase if the ________ increases and : 1388365

    53) Labor productivity will increase if the ________ increases and ________. A) quantity of capital per hour worked; technology improves B) quantity of labor per unit of capital; technology improves C) quantity of capital per hour worked; immigration increases while capital is fixed D) quantity of labor per unit of capital; immigration increases while capital is fixed   54) Workers in high-income countries […]

External link to Question : Figure 3-8 21) Refer to Figure 3-8.  The graph in this : 1267044
Economics

Question : Figure 3-8 21) Refer to Figure 3-8.  The graph in this : 1267044

  Figure 3-8       21) Refer to Figure 3-8.  The graph in this figure illustrates an initial competitive equilibrium in the market for apples at the intersection of D1 and S1 (point A).  If the price of oranges, a substitute for apples, decreases and the wages of apple workers increase, how will the equilibrium point change? A) The equilibrium point will move from […]

External link to Question : 41) U.S. net exports include A) sales of Hollywood movies to : 1228235
Economics

Question : 41) U.S. net exports include A) sales of Hollywood movies to : 1228235

    41) U.S. net exports include A) sales of Hollywood movies to the rest of the world. B) the production of Ford Mustangs in China that are sold in China. C) Honda automobiles produced and sold in Japan. D) the sale of shares of Nike stock on the New York Stock Exchange. E) the sale of U.S. government securities to U.S. citizens.   42) […]

External link to Question : 41.Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,long-runequilibriumisobtainedwhenthequantitydemandedandquantitysuppliedofmoneyareequalduetoadjustmentsin a.nominalinterestrates. : 1262131
Economics

Question : 41.Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,long-runequilibriumisobtainedwhenthequantitydemandedandquantitysuppliedofmoneyareequalduetoadjustmentsin a.nominalinterestrates. : 1262131

  41.Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,long-runequilibriumisobtainedwhenthequantitydemandedandquantitysuppliedofmoneyareequalduetoadjustmentsin a.nominalinterestrates. b.realinterestrates. c.thepricelevel. d.themoneysupply. 42.Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,ifthepricelevelisabovetheequilibriumlevel,thereisan a.excessdemandformoney,sothepricelevelwillrise. b.excessdemandformoney,sothepricelevelwillfall. c.excesssupplyofmoney,sothepricelevelwillrise. d.excesssupplyofmoney,sothepricelevelwillfall. 43.Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,ifthepricelevelisbelowtheequilibriumlevel,thereisan a.excessdemandformoney,sothepricelevelwillrise. b.excessdemandformoney,sothepricelevelwillfall. c.excesssupplyofmoney,sothepricelevelwillrise. d.excesssupplyofmoney,sothepricelevelwillfall. 44.Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,ifthepricelevelisabovetheequilibriumlevel,thereisan a.excessdemandformoney,sothepricelevelwillrise. b.excessdemandformoney,sothepricelevelwillfall. c.excesssupplyofmoney,sothepricelevelwillrise. d.excesssupplyofmoney,sothepricelevelwillfall. 45.Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,ifthevalueofmoneyisabovetheequilibriumlevel, a.thepricelevelwillrise. b.thevalueofmoneywillrise. c.moneydemandwillshiftleftward. d.moneydemandwillshiftrightward. 46.Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,ifthereisashortageofmoneythen a.thevalueofmoneyriseswhichwillmakepeopledesiretoholdmoremoney. b.thevalueofmoneyriseswhichwillmakepeopledesiretoholdlessmoney. c.thevalueofmoneyfallswhichwillmakepeopledesiretoholdmoremoney. d.thevalueofmoneyfallswhichwillmakepeopledesiretoholdlessmoney. 47.Supposethemoneymarket,drawnwiththevalueofmoneyontheverticalaxis,isinequilibrium.Ifthemoneysupplyincreases,thenattheoldvalueofmoneythereisan a.excessdemandformoneythatwillresultinanincreaseinspending. b.excessdemandformoneythatwillresultinadecreaseinspending. c.excesssupplyofmoneythatwillresultinanincreaseinspending. d.excesssupplyofmoneythatwillresultinadecreaseinspending. 48.Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,anincreaseinthemoneysupplyshiftsthemoneysupplycurvetothe a.right,loweringthepricelevel. b.right,raisingthepricelevel. c.left,raisingthepricelevel. d.left,loweringthepricelevel. 49.Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,ifthemoneysupplyrises a.thepricelevelandthevalueofmoneyrise. b.thepricelevelrisesandthevalueofmoneyfalls. c.thepricelevelfallsandthevalueofmoneyrises. d.thepricelevelandthevalueofmoneyfall. 50.Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,anincreaseinthemoneysupply a.increasesthepricelevelandincreasesthevalueofmoney. b.increasesthepricelevelanddecreasesthevalueofmoney. c.decreasesthepricelevelandincreasesthevalueofmoney. d.decreasesthepricelevelanddecreasesthevalueofmoney.    

External link to Question : 61.RefertoTable13-4.SupposethatCharles’smathtutoringcompanyhasafixedcostof$50permonthforhiscellphone.EachworkercostsCharles$60perday.Asoutputincreasesfrom45to70students,Charles’stotalcostcurve : 1261483
Economics

Question : 61.RefertoTable13-4.SupposethatCharles’smathtutoringcompanyhasafixedcostof$50permonthforhiscellphone.EachworkercostsCharles$60perday.Asoutputincreasesfrom45to70students,Charles’stotalcostcurve : 1261483

  61.RefertoTable13-4.SupposethatCharles’smathtutoringcompanyhasafixedcostof$50permonthforhiscellphone.EachworkercostsCharles$60perday.Asoutputincreasesfrom45to70students,Charles’stotalcostcurve a.increasesbutgetsflatter. b.increasesandgetssteeper. c.decreasesandgetsflatter. d.decreasesbutgetssteeper. Table13-5 NumberofWorkers   Output 0 0 1 10,000 2 19,000 3 27,000 4 32,000 5 35,000 6 36,000 62.RefertoTable13-5.Themarginalproductofthethirdworkeris a.9,000units. b.8,000units. c.7,000units. d.5,000units. 63.RefertoTable13-5.Themarginalproductofthefourthworkeris a.9,000units. b.8,000units. c.7,000units. d.5,000units. 64.RefertoTable13-5.Diminishingmarginalproductbeginswiththeadditionofthe a.secondworker. b.thirdworker. c.fourthworker. d.fifthworker. 65.RefertoTable13-5.Assumethatfixedcostsare$500,andvariablecostsare$100perworker.Forthisfirm,whataretheshapesoftheproductionfunctionandthetotal-costcurve? a.Boththeproductionfunctionandtotal-costcurveareincreasingatanincreasingrate. b.Boththeproductionfunctionandtotal-costcurveareincreasingatadecreasingrate. c.Theproductionfunctionisincreasingatanincreasingrate,whereasthetotal-costfunctionisincreasingatadecreasingrate. d.Theproductionfunctionisincreasingatadecreasingrate,whereasthetotal-costfunctionisincreasingatanincreasingrate. Table13-6 WoodenChairFactory   NumberofWorkers   NumberofMachines Output(chairsproduced perhour)   MarginalProductofLabor     CostofWorkers     CostofMachines       TotalCost 1 […]

External link to Question : 10.1   Is Any Firm Ever Really a Monopoly? 1) The reason : 1244602
Economics

Question : 10.1   Is Any Firm Ever Really a Monopoly? 1) The reason : 1244602

    10.1   Is Any Firm Ever Really a Monopoly?   1) The reason that the Fisherman’s Friend restaurant in Stonington, Maine had a monopoly on selling seafood dinners in that town is most likely due to A) a government-imposed barrier. B)  occupational licensing. C) no competitors apparently found the profit level attractive enough to enter the market. D) the restaurant owned all the fresh […]

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July 1, 2023
    

 

Learning Objective 11-3

 

1) How can you tell if a company is taking big bath charges this year?

A) Compare this year's accounts receivable with last year's. If this year's accounts receivable are much bigger, there must have been many charges.

B) Compare this year's income statement with several previous years', looking for unusual expenses or write-offs.

C) Compare this year's cash flow from operating activities with several previous years'. If this year's cash flow from operating activities is much smaller, there must have been many charges.

D) Look for a note titled "Big Bath Charges" in the annual report.

 

2) Which of the following may indicate a company is setting up a cookie jar reserve this year?

A) The current year's estimated warranty liability is significantly larger than prior years'.

B) The current year's warranty expense is significantly smaller than several previous years'.

C) The current year's cash flow from operating activities is significantly larger than previous years'.

D) There is a note titled "Cookie Jar Reserves" in the annual report.

 

3) What may be the effect on a company's financial statements in the year a company sets up a cookie jar reserve?

A) Net income and total assets may be too high.

B) Net income and total liabilities may be too low.

C) Net income may be too high and total assets may be too low.

D) Net income may be too low and total liabilities may be too high.

 

4) What may be the effect on a company's financial statement in the year a company sets up a cookie jar reserve?

A) Net income and total assets may be too high.

B) Net income and total assets may be too low.

C) Net income may be too high and total assets may be too low.

D) Net income and total liabilities may be too high.

5) Out of Africa, a multi-national corporation, had a very bad year. Management decided to write off a large amount of its long-term assets because they might lose value in future years. Management is ________.

A) acting ethically and being conservative

B) recording big bath charges

C) recognizing revenue too early

D) setting up a cookie jar reserve

 

6) RH Company shipped goods to a customer on December 31, 2011 that the customer had not ordered. RH Company recorded a credit sale of $75,000. What is the effect of recording this sale on RH Company's 2011 financial statements?

A) Net income and total assets are too high.

B) Net income and total assets are too low.

C) Net income is too high and total assets are too low.

D) Net income is too low and total assets are too high.

 

7) RH Company shipped goods to a customer on December 31, 2011 that the customer had not ordered. RH Company recorded a credit sale of $75,000. As a result of recording this sale, which of the following will be overstated on RH Company's 2011 financial statements?

A) sales

B) accounts receivable

C) earning per share

D) all of these

 

8) Trading Places, a multi-national corporation, had a very successful year and was more than meeting analyst's expectations. Management decided to increase the amount of its warranty expense to more than was needed. Management is ________.

A) acting ethically and being conservative

B) recording big bath charges

C) recognizing revenue too late

D) setting up a cookie jar reserve

9) GB Company had a very bad year in 2011. The controller knew that the company already had a significant loss for the year, so he put the paperwork in his bottom drawer for some of the shipments made in the last two weeks of 2011. As a result, $100,000 of sales were not recorded and the customers weren't billed until 2012. The controller is ________.

A) acting ethically and being conservative

B) recording big bath charges

C) recognizing revenue too late

D) setting up a cookie jar reserve

 

10) GB Company had a very bad year in 2011. The controller knew that the company already had a significant loss for the year, so he put the paperwork in his bottom drawer for some of the shipments made in the last two weeks of 2011. As a result, $100,000 of sales were not recorded and the customers weren't billed until 2012. What is the effect of omitting these sales from GB Company's 2011 financial statements?

A) Net income and total assets are too high.

B) Net income and total assets are too low.

C) Net income is too high and total assets are too low.

D) Net income is too low and total assets are too high.

 

 

default image
July 1, 2023
    

 

Learning Objective 11-3

 

1) How can you tell if a company is taking big bath charges this year?

A) Compare this year's accounts receivable with last year's. If this year's accounts receivable are much bigger, there must have been many charges.

B) Compare this year's income statement with several previous years', looking for unusual expenses or write-offs.

C) Compare this year's cash flow from operating activities with several previous years'. If this year's cash flow from operating activities is much smaller, there must have been many charges.

D) Look for a note titled "Big Bath Charges" in the annual report.

 

2) Which of the following may indicate a company is setting up a cookie jar reserve this year?

A) The current year's estimated warranty liability is significantly larger than prior years'.

B) The current year's warranty expense is significantly smaller than several previous years'.

C) The current year's cash flow from operating activities is significantly larger than previous years'.

D) There is a note titled "Cookie Jar Reserves" in the annual report.

 

3) What may be the effect on a company's financial statements in the year a company sets up a cookie jar reserve?

A) Net income and total assets may be too high.

B) Net income and total liabilities may be too low.

C) Net income may be too high and total assets may be too low.

D) Net income may be too low and total liabilities may be too high.

 

4) What may be the effect on a company's financial statement in the year a company sets up a cookie jar reserve?

A) Net income and total assets may be too high.

B) Net income and total assets may be too low.

C) Net income may be too high and total assets may be too low.

D) Net income and total liabilities may be too high.

5) Out of Africa, a multi-national corporation, had a very bad year. Management decided to write off a large amount of its long-term assets because they might lose value in future years. Management is ________.

A) acting ethically and being conservative

B) recording big bath charges

C) recognizing revenue too early

D) setting up a cookie jar reserve

 

6) RH Company shipped goods to a customer on December 31, 2011 that the customer had not ordered. RH Company recorded a credit sale of $75,000. What is the effect of recording this sale on RH Company's 2011 financial statements?

A) Net income and total assets are too high.

B) Net income and total assets are too low.

C) Net income is too high and total assets are too low.

D) Net income is too low and total assets are too high.

 

7) RH Company shipped goods to a customer on December 31, 2011 that the customer had not ordered. RH Company recorded a credit sale of $75,000. As a result of recording this sale, which of the following will be overstated on RH Company's 2011 financial statements?

A) sales

B) accounts receivable

C) earning per share

D) all of these

 

8) Trading Places, a multi-national corporation, had a very successful year and was more than meeting analyst's expectations. Management decided to increase the amount of its warranty expense to more than was needed. Management is ________.

A) acting ethically and being conservative

B) recording big bath charges

C) recognizing revenue too late

D) setting up a cookie jar reserve

9) GB Company had a very bad year in 2011. The controller knew that the company already had a significant loss for the year, so he put the paperwork in his bottom drawer for some of the shipments made in the last two weeks of 2011. As a result, $100,000 of sales were not recorded and the customers weren't billed until 2012. The controller is ________.

A) acting ethically and being conservative

B) recording big bath charges

C) recognizing revenue too late

D) setting up a cookie jar reserve

 

10) GB Company had a very bad year in 2011. The controller knew that the company already had a significant loss for the year, so he put the paperwork in his bottom drawer for some of the shipments made in the last two weeks of 2011. As a result, $100,000 of sales were not recorded and the customers weren't billed until 2012. What is the effect of omitting these sales from GB Company's 2011 financial statements?

A) Net income and total assets are too high.

B) Net income and total assets are too low.

C) Net income is too high and total assets are too low.

D) Net income is too low and total assets are too high.

 

 

default image
July 1, 2023
    

 

Learning Objective 11-3

 

1) How can you tell if a company is taking big bath charges this year?

A) Compare this year's accounts receivable with last year's. If this year's accounts receivable are much bigger, there must have been many charges.

B) Compare this year's income statement with several previous years', looking for unusual expenses or write-offs.

C) Compare this year's cash flow from operating activities with several previous years'. If this year's cash flow from operating activities is much smaller, there must have been many charges.

D) Look for a note titled "Big Bath Charges" in the annual report.

 

2) Which of the following may indicate a company is setting up a cookie jar reserve this year?

A) The current year's estimated warranty liability is significantly larger than prior years'.

B) The current year's warranty expense is significantly smaller than several previous years'.

C) The current year's cash flow from operating activities is significantly larger than previous years'.

D) There is a note titled "Cookie Jar Reserves" in the annual report.

 

3) What may be the effect on a company's financial statements in the year a company sets up a cookie jar reserve?

A) Net income and total assets may be too high.

B) Net income and total liabilities may be too low.

C) Net income may be too high and total assets may be too low.

D) Net income may be too low and total liabilities may be too high.

 

4) What may be the effect on a company's financial statement in the year a company sets up a cookie jar reserve?

A) Net income and total assets may be too high.

B) Net income and total assets may be too low.

C) Net income may be too high and total assets may be too low.

D) Net income and total liabilities may be too high.

5) Out of Africa, a multi-national corporation, had a very bad year. Management decided to write off a large amount of its long-term assets because they might lose value in future years. Management is ________.

A) acting ethically and being conservative

B) recording big bath charges

C) recognizing revenue too early

D) setting up a cookie jar reserve

 

6) RH Company shipped goods to a customer on December 31, 2011 that the customer had not ordered. RH Company recorded a credit sale of $75,000. What is the effect of recording this sale on RH Company's 2011 financial statements?

A) Net income and total assets are too high.

B) Net income and total assets are too low.

C) Net income is too high and total assets are too low.

D) Net income is too low and total assets are too high.

 

7) RH Company shipped goods to a customer on December 31, 2011 that the customer had not ordered. RH Company recorded a credit sale of $75,000. As a result of recording this sale, which of the following will be overstated on RH Company's 2011 financial statements?

A) sales

B) accounts receivable

C) earning per share

D) all of these

 

8) Trading Places, a multi-national corporation, had a very successful year and was more than meeting analyst's expectations. Management decided to increase the amount of its warranty expense to more than was needed. Management is ________.

A) acting ethically and being conservative

B) recording big bath charges

C) recognizing revenue too late

D) setting up a cookie jar reserve

9) GB Company had a very bad year in 2011. The controller knew that the company already had a significant loss for the year, so he put the paperwork in his bottom drawer for some of the shipments made in the last two weeks of 2011. As a result, $100,000 of sales were not recorded and the customers weren't billed until 2012. The controller is ________.

A) acting ethically and being conservative

B) recording big bath charges

C) recognizing revenue too late

D) setting up a cookie jar reserve

 

10) GB Company had a very bad year in 2011. The controller knew that the company already had a significant loss for the year, so he put the paperwork in his bottom drawer for some of the shipments made in the last two weeks of 2011. As a result, $100,000 of sales were not recorded and the customers weren't billed until 2012. What is the effect of omitting these sales from GB Company's 2011 financial statements?

A) Net income and total assets are too high.

B) Net income and total assets are too low.

C) Net income is too high and total assets are too low.

D) Net income is too low and total assets are too high.

 

 

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Public Relations, 3 pages
Dissertation
August 5, 2021
    

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Journal article, 20 pages
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August 5, 2021
    

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Political Science, 6 pages
Admission Essay
August 5, 2021
    

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Tourism, 1 page
Discussion Essay
August 5, 2021
    

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Philosophy, 5 pages
Report
August 5, 2021
    

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Psychology, 4 pages
Essay (any type)
August 5, 2021
    

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customer #17823
Business, 8 pages

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

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Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

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Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

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Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

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