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On Friday Huron Investments stock closes at $5.35. The Huron Investments 8.125% Convertible debenture maturing September 13, 2044 closes at 239.320. After the closing bell Huron Investments announces that the debenture will be called at 111.250. The debenture is convertible into common stock at $5 per share. A $1,000 bond is now worth?
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Alexandria Reynolds
He system of preparing financial statements based on recognizing revenues when the cash is received and reporting expenses when the cash is paid is called:
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Shawn Phelps
Mayes Company records all prepayments in income statement accounts. At April 30, the trial balance shows Supplies Expense $2,800, Service Revenue $9,200, and zero balances in related balance sheet accounts. Prepare the adjusting entries at April 30 assuming: (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (a) $700 of supplies on hand and (b) $3,000 of service revenue should be reported as unearned.
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Brendan Brock
Dollar-cost averaging means that you buy equal dollar amounts of a stock every period, for example, $500 per month. The strategy is based on the idea that when the stock price is low, your fixed monthly purchase will buy more shares, and when the price is high, fewer shares. Averaging over time, you will end up buying more shares when the stock is cheaper and fewer when it is relatively expensive. Therefore, by design, you will exhibit good market timing. Evaluate this strategy.
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Abdullah
When is a firm insolvent from an accounting perspective? A. When the firm is unable to meet its financial obligations in a timely mannerB. When the firm's debt exceeds the value of the firm's equityC. When the firm has a negative net worthD. When the firm's revenues cease
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Hannah Singh
Using information about customers to create marketing strategies that develop and sustain desirable long-term customer relationships is known as
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Mr. Clean
A customer is considering to Fire Sprinkler a building to lower his insurances premium: Two choices were presented to him : (Hint: Alternates with unequal economic lives may be compared by assuming replacement in kind at the end of the shorter life, thus maintaining the same level of uniform payment) i=10%
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Alina Chung
Career Situation: What Would You Do? For some years now, you've owned a small specialty bookshop in a college town. You sell some textbooks but mainly cater to a broader customer base. Your store always stocks the latest fiction, nonfiction, and children's books. Recent numbers show a steep decline in sales, including of books that would normally be considered best sellers. You suspect this is because of the growing popularity of e-books and e-readers such as the Amazon Kindle and Barnes & Noble Nook. Some of your friends say it's time to close up because your market is dying. Is it hopeless, or is there a business strategy that might yet save the store?
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Pansy
Which of the following statements is correct? (A) Normal profits will cause an industry to expand. (B) Economic profits and losses have no significant impact on the growth or decline of an industry. (C) Economic profits induce firms to leave an industry; profits encourage firms to leave. (D) Economic profits induce firms to enter an industry; losses
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Belen Freeman
Analyzing and Computing Accrued Warranty Liability and Expense Waymire Company sells a motor that carries a 60-day unconditional warranty against product failure. From prior years' experience, Waymire estimates that 2% of units sold each period will require repair at an average cost of $125 per unit. During the current period, Waymire sold 70,000 units and repaired 1,000 of those units. (a) How much warranty expense must Waymire report in its current period income statement? $Answer (b) What warranty liability related to current period sales will Waymire report on its current period-end balance sheet? (Hint: Remember that some units were repaired in the current period.) $Answer
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Ethan Schroeder
How often should you review your credit report
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Payton Love
Suppose United and American both service the New York-Boston route. If they both charge $100 each way, they each get monthly profits of $81 thousand. If they both charge $200 each way, they get monthly profits of $112 thousand. If United (American) charges $100 and American (United) charges $200, then United's (American's) profits are $123 thousand and American's (United's) profits are $58 thousand and vice versaUsing a payoff matrix determine the Nash equilibrium:
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Juliette Wade
Jeff is approached by a salesperson. The salesperson fails to make a first impression and Jeff decides in the early minutes of the sales presentation itself that he will not buy anything from the salesperson.

Which of the following phenomena is observed here?

a. Central traits principle

b. Incremental effect

c. Primacy effect

d. Covariation principle
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Miles Lutz
If the government could raise taxes on one good, which product should the government increase tax rates in order to raise tax revenue? a. Cigarettes b. Alcohol c. Sodas d. None of the above
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Janae Proctor
Manufacturers use wholesalers and retailers becauseA. they have no other choice. B. they do not cost much. C. they create value for customers through convenience and cost savings. D. wholesalers control retailers. E. most manufacturers are not familiar with logistics.
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