A stock split normally increases total stockholders' equity

Indicate whether the statement is true or false


F

Business

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The current ratio is computed by dividing current liabilities by current assets.

Answer the following statement true (T) or false (F)

Business

Purchased goods in transit, shipped FOB destination, should be excluded from ending inventory of the buyer

Indicate whether the statement is true or false

Business

You have just put $5,000 into an investment that offers a 10% annual yield, using a simple interest calculation. At the end of two years your interest earned will be

A) $500. B) $550. C) $1,000. D) $1,100.

Business

Many courts will allow recovery for the infliction of emotional distress even in the absence of physical injury

Indicate whether the statement is true or false

Business