The residual dividend theory is based on the observation that flotation costs make the cost of new
common stock significantly higher than the cost of retained earnings.
Indicate whether the statement is true or false
TRUE
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An effective follower ______.
a. is held to account by others b. has an external sense of accountability c. is less innovative because they are very loyal d. supports organizational goals, or have the courage to leave (the organization)
The sale of merchandise inventory for cash is recorded in the ________.
A) general journal B) cash receipts journal C) sales journal D) accounts receivable journal
A level strategy matches demand during the planning horizon by varying either the workforce level or the output rate
Indicate whether the statement is true or false
Insolvency results from earning more than you spend
Indicate whether this statement is true or false.