Which of the following is an example of "off-balance-sheet financing"?
1. Non-consolidated subsidiary.
2. Special purpose entity.
3. Operating leases.
a. 1
b. 2
c. 3
d. All of these are examples of "off-balance-sheet financing."
Answer: d. All of these are examples of "off-balance-sheet financing."
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The Amazing Widget Company issues $539,000 of 7%, 10-year bonds at 104 on March 31, 2017
The bonds pay interest on March 31 and September 30. Assume that the company uses the straight-line method for amortization. The journal entry to record the issuance includes a ________. A) debit to Cash for $539,000 B) credit to Bonds Payable for $560,560 C) debit to Premium on Bonds Payable for $21,560 D) debit to Cash for $560,560
The method used in regression analysis for incorporating a categorical variable into the model is by organizing the categorical variable into one or more dummy variables
Indicate whether the statement is true or false