Sparkman co. filed a bankruptcy petition and liquidated its noncash assets. sparkman was paying forty cents on the dollar for unsecured claims. bailey co. held a mortgage of $150,000 on sparkman’s land which was sold for $110,000. the total amount of payment that bailey should have received is calculated to be

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?