All of the following are rationales given for a stock dividend or split EXCEPT
A) there is positive informational content associated with the announcement.
B) conservation of corporate cash.
C) the price will not fall proportionately to the share increase.
D) an optimum price range does not exist.
D
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The Lawrence Company records its trade accounts payable net of any cash discounts. At the end of 2016, Lawrence had a balance of $300,000 in its trade accounts payable account before any adjustments related to the following items: 1. Goods shipped to Lawrence FOB shipping point were in transit on December 31. The invoice price of the goods was $50,000, with a 2% discount allowed for prompt
payment. 2. Goods shipped to Lawrence FOB destination on December 29 arrived on January 2, 2017. The invoice price of the goods was $9,000, with a 4% discount allowed for payment within 20 days. 3. On December 10, Lawrence had recorded a shipment received. The recorded invoice price was $24,750, net, with a 1% discount allowed for payment within 14 days. At the end of the year, payment had not been made. At what amount should Lawrence report trade accounts payable on its December 31, 2016 balance sheet? A) $349,000 B) $349,250 C) $357,680 D) $357,930
The other name for the compensation method of dealing with objections is the ________ method.
A. reciprocal B. trade-off C. return-on-investment D. counterbalance E. price
Which of the following statements about employment interviews is FALSE?
a. Preparation for the interview includes researching the organization. b. A self-analysis of your own strengths, weaknesses, accomplishments, and challenges should be undertaken prior to interviewing. c. You should go to the interview prepared to both answer and ask questions. d. Most questions asked in interviews can be answered from the résumé.
Contribution margin per unit is the amount by which a product's unit selling price exceeds its variable cost per unit.
Answer the following statement true (T) or false (F)