An investor is analyzing two firms in the same industry. she is looking for long term performance from her investment. both firms are basically identical except one firm is involved in substantial downsizing and the other firm is undertaking aggressive downscoping. the investor should invest in thea. downscoping firm because the higher debt load will discipline managers to act in shareholders’ best interests. b.downscoping firm because it will be focusing on the firm’s core businesses. c.downsizing firm because it will be making decisions based on tactical strategies. d.downsizing firm because it is eliminating employees who are essentially ""dead weight"" and are dragging down the firm’s profitability.

Afreezer manufacturer might purchase sheets of steel, wiring, shelving, and so forth, as part of its final product. this is an example of what sub-classification of business market?

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)