KCube Multimedia launches a new game. It permits Ken to download, install, and play the game for three months. This is an instance of a(n) ________.
A. e-license
B. lease
C. domain name registration
D. digital signature
Answer: A
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Cincy, Inc. is building a $20 million addition onto its distribution facility. To build the facility, Cincy must fill in two acres of wetlands. Under the Clean Water Act, Cincy must obtain a permit before filling in the wetlands.
Answer the following statement true (T) or false (F)
The relationship of each asset item as a percent of total assets is an example of vertical analysis
a. True b. False Indicate whether the statement is true or false
Mobile Power Corp reported the following information for the year ended December 31, 2016. Revenue $ 40,000 Expenses 23,000 Dividends 10,000 Retained earnings at December 31, 2016 175,000 What was the retained earnings balance for Mobile Power at December 31, 2015?
a. $ 165,000 b. $ 168,000 c. $ 182,000 d. $ 192,000
A corporation has 12,000 shares of $20 par value stock outstanding that has a current market value of $150. If the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately $50
Indicate whether the statement is true or false