1. Which of the following is not a characteristic of a corporation?
A. Continuous life
B. Ease of capital accumulation
C. Separate legal entity
D. Unlimited liability of stockholders

3. On Thursday, May 3, Skelton Electrical Supply issues 4,000 shares of $6 par value common stock at $9 per share. Which of the following items would be part of the journal entry to record this stock issuance?
A. $12,000 credit to Cash
B. $24,000 debit to Common Stock, $6 Par Value
C. $36,000 credit to Cash
D. $12,000 credit to Paid in Capital in Excess of Par Value, Common Stock

5. When dealing with the concepts of dividends there are typically three important dates to be mindful of. Which of the three dates does not require a journal entry on the books of the issuing company?
A. Date of declaration
B. Date of record
C. None of the other answers
D. Date of payment

7. Charter Home Supply recently sold 8,000 five year bonds with a face value totalling $8,000,000 and paying $50 each in interest seminannually while the market rate on similar debt instruments is 12%. With this in mind we know that the bonds sold at ______________.
A. a premium.
B. a discount.
C. the par value.
D. an inflated rate.

8. Eagle Company issues bonds with a par value of $55,000 on their stated issue date. The bonds mature in 10 years and pay 8% annual interest in semiannual payments. On the issue date, the annual market rate for the bonds is 10%.
What would be the price of the bonds as of their issue date?
A. $48,146
B. $99,000
C. $4,400
D. $55,000

9. On April 1, 2012 Wilson borrows $16,000 cash by signing a three-year 8% installment note. The note requires three equal payments of accrued interest and principle on March 31 of each year from 2013 through 2015. Compute the amount of the three equal total payments.
A. $6,208.53
B. 373.33
C. 5,333.33
D. 1,120.00

16. True or False:
The 20% ownership test for consideration of significant influence over an investee can not be overruled, even in the face of other evidence that would be more pusuasive.

Solution Summary

The correct answer for each of the questions has been presented in the solution

Numerous examples show women succeeding in traditionally male-dominated professions. But if success is defined as actually running a company, a corporation, or even a country, we count 19 female CEO's running Fortune 500 companies. This sounds solid until realizing this is a small 3.8%.
Over 70 women serve in Congress. This,

Linear Algebra
Matrices
Eigen Values and Eigen Vectors(I)
Find the characteristic equation of the matrix
A = [1, 3, 7; 4, 2, 3; 1, 2, 1]
Show that the equation is satisfied by and hence obtain the inverse of the given matrix.
The fully formatted problem is in the attached f

If ' is a symplectic matrix show that det ' = 1. Also prove that....where P(...) = det(,,,) is the characteristic polynomial of '. Finally, if ... is an eigenvalue with multiplicity k of ' then the same is true for...

I am having trouble with a few characteristic functions, as described in the attachment. Any help would be greatly appreciated.
The attachment contains a definition of what I mean by a characteristic function.
Thank you!

Explain what you believe will be the single most important characteristic for a leader in the 21st century. If you cite the work of others, please use peer-reviewed journals. In-text citations and references should conform to APA 5th edition guidelines.

Prove that the characteristic functions of subsets satisfy the foowing properties:
(a) f_(A intersection B) (x) = f_A (x) f_B (x) for all x,
(b) f_(A union B) (x) = f_A (x) + f_B (x) - f_A (x) f_B (x) for all x,
(c) f_(A symmetric difference B) (x) = f_A (x) + f_B (x) - 2f_A (x) f_B

Which of the following statements does not describe a characteristic of management accounting:
a. management accounting must conform to GAAP
b. Approximate amounts rather than accurate amounts are used in management accounting
c. management accounting places emphasis on the future
d. managment accounting is more concerned