Accumulation of dividends in arrears on cumulative preferred stock does not guarantee the dividends will be paid.
Answer the following statement true (T) or false (F)
True
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Stockholders' equity is composed of three parts: contributed capital, earnings retained in the business, and dividends paid
a. True b. False Indicate whether the statement is true or false
________ are defined as states of felt deprivation
A) Needs B) Ideas C) Demands D) Values E) Exchanges
The selling price of a product is originally greater than the variable cost of producing it. Assume that the selling price and the variable cost per unit both increase 20% and fixed costs do not change. What is the effect of this change on the contribution margin per unit and the contribution margin ratio?
a. Contribution margin per unit and the contribution margin ratio both remain unchanged. b. Contribution margin per unit and the contribution margin ratio both increase. c. Contribution margin per unit increases and the contribution margin ratio remains unchanged. d. Contribution margin per unit decreases and the contribution margin ratio remains unchanged.
The smaller the cost of a benefit category, the greater the opportunity for savings.
Answer the following statement true (T) or false (F)