Which of the following is a false statement?

A. All states have a flat state tax.

B. Certain states have no state income tax.

C. Most states have state income tax.

D. Depending on where you live you may pay no state in come taxes.

The intergrated ownership of pipelines was intially used by some oil companies to gain control of oil-producing area.

Prime Company began operations in January, 2019, by issuing 5,700 shares of 9%, cumulative, $65 par value preferred stock and 25,000 shares of $8 par value common stock.

You just founded a tech startup with an incredible ROI of 100%. That is, each dollar you invest in the firm creates a permanent increase of one dollar in earnings for all time.

Global Commerce Corporation purchased trading debt investments for $114,000 on December 31, 2018. There is a decrease of $5,800 in the fair value of the trading debt investments by the end of the year 2019.

Parrett Corp. acquired one hundred percent of Jones Inc. on January 1, 2018, at a price in excess of the subsidiary's fair value. On that date, Parrett's equipment (ten-year life) had a book value of $360,000 but a fair value of $480,000.

Han Corp's sales last year were $440,000, and its year-end receivables were $52,500. The firm sells on terms that call for customers to pay 30 days after the purchase, but some delay payment beyond Day 30.

During May 2020, a company spend $14,000 on ordinary maintenance of its delivery trucks. These maintenance costs should have been recorded as debits to 'Maintenance Expense' but the company mistakenly capitalized these costs instead.

Greyon spinning Mills Inc. owns 600 spinning machines out of these, only 500 are used in a given year. Given this information, the utilization of spinning machines at Greyon Spinning Mills Inc. is ___. A. 1 B. 0.83 C. 1.2 D. 0.75

The firm that allows customers to select from a variety of standard options to create the service or product of their choice is practicing Group of answer choices none of the above. postponement. channel assembly. mass customization.

Which of the following statements is true? a An increase in the money supply lowers the equilibrium rate of interest. b The supply of money curve is downward sloping. c The supply of money curve is a horizontal line.