On January 1, 2015, A-Best Company's balance in retained earnings was $70,000 . At the end of the year, December 31, 2015, the balance in retained earnings was $94,000 . During 2015, the company earned net income of $40,000 . How much were dividends?
a. $16,000
b. $24,000
c. $40,000
d. $64,000
a
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Which of the following terms-of-trade concepts is calculated by dividing the change in a country's export price index by the change in its import price index between two points in time, multiplied by 100 to express the terms of trade in percentages?
a. commodity terms of trade b. marginal rate of transformation c. marginal rate of substitution d. autarky price ratio
Interest expense is computed annually when a bond is issued for other than its face value. For a bond issued at a premium, how will this component change as the bond approaches maturity?
a. decrease b. increase c. remain constant d. not enough information given to decide
Suppose, as a marketing manager of a firm, you plan to conduct market research using qualitative measures
For the purpose of developing consumer insight you have distributed among the respondents a picture of a man and woman in a coffee shop, and have asked the respondents to make up a story about what is happening in the picture. Identify and define the type of question used in this case.
The average time a customer can expect to wait in line is:
A single-server waiting line system has an arrival pattern characterized by a Poisson distribution with 3 customers per hour. The average service time is 12 minutes. The service times are distributed according to the negative exponential distribution. A) 18 minutes. B) 36 minutes. C) 30 minutes. D) 60 minutes.