Refer to the information above. Before the journal entry above, Wood had assets, liabilities, and owners' equity of $450,000, $100,000, and $350,000, respectively. What are total assets immediately after the above transaction occurs?

Suppose a company has earnings before taxes of $20 billion and its income tax is 35% of its earnings before taxes. If the company has an interest expense of $2 billion, its interest coverage ratio is closest to:

A. 6.5 times. B. 10.0 times. C. 11.0 times

A way to conduct a focus group type of research on social media involves participant blogs

Indicate whether the statement is true or false