xport management companies are firms that assist other firms in marketing their products in foreign markets. What is the generic term for such companies?
(a) Intermediaries
(b) Opportunists
(c) Functional shippers
(d) Product arrangers
(a) Intermediaries
You might also like to view...
Dividends to preferred stockholders are deducted from net income when calculating the return on common stockholders' equity ratio because
a. dividends are not an expense on the income statement. b. the ratio is an indicator of the return on "common" stockholders' equity, not the return on preferred stock. c. dividends are only available for distribution to common stockholders. d. conservatism indicates that shareholders prefer a smaller numerator.
Compared to the confidence interval estimate for a particular value of y in a linear regression model, the interval estimate for an average value of y will be
A. narrower. B. wider. C. the same. D. easy to determine.
Answer the following statements true (T) or false (F)
1. Adjusting entries are designed primarily to correct accounting errors. 2. Adjustments are necessary to bring an asset or liability account to its proper amount and also update a related expense or revenue account. 3. Each adjusting entry will affect a balance sheet account. 4. Adjusting entries always affect the cash account. 5. Accrued expenses at the end of one accounting period are expected to result in cash payments in a future period.
A cumulative dividend preference means that:
A. preferred stockholders are paid their full fixed dividend rate each period as long as the company is in operation. B. preferred stockholders are paid dividends before common stockholders are paid dividends for the current year only. C. unpaid cash dividends to preferred stockholders must be replaced with stock dividends during the current period. D. unpaid dividends to preferred stockholders accumulate and must be paid before common stockholders receive dividends.