In a corporation, all profits go to ________.
A. reduce the surplus
B. the owners and the shareholders
C. the stockholders as salaries
D. the partners according to the terms of the agreement
Answer: B
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One reason cited for a high-dividend policy is the preference for a certain cash flow today versus an uncertain cash flow in the future
Indicate whether the statement is true or false.
A contract for the sale of goods is enforceable even if the price is "open."
Indicate whether the statement is true or false
An auditor for a large oil corporation has taken a random sample of monthly credit card charges for 32 individual (non-corporate) accounts. She found a mean of $81.76 . Assume that the population standard deviation is 48.2 . A 98% confidence interval estimate for the population mean of individual credit card charges would be:
a. 81.76 ± 19.89. b. 81.76 ± 16.72. c. 81.76 ± 112.94. d. 81.76 ± 22.0. e. 81.76 ± 2.33.
Match the symbol ? with the correct definition
A) the power of a test B) the probability of a Type I error C) the probability of a Type II error D) the probability of failing to reject the null hypothesis when it is true