Crimson Company declared and paid $1,000,000 in dividends to the common stockholders. The effect of this transaction is that the
a. earnings per share decreased
b. current ratio increased
c. debt-to-equity ratio increased
d. earnings per share increased
c
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Indicate whether the statement is true or false
Content theories often ignore that most people, even in the developed world, may be concerned primarily with meeting ______ needs.
A. lower order B. high-order C. dominant D. equity
The Financial Accounting Standards Board (FASB) Standard No. 52 mandates that U.S.-based companies translate their foreign-currency-denominated assets and liabilities into dollars using the current rate (translation) method
Indicate whether the statement is true or false
Falls River Bank receives a check drawn on the account of Get-Rich Industries, Inc, one of the bank's customers, at 3 p.m. Friday. Hildy, the pre-senter of the check, is not one of the bank's customers. The bank uses deferred posting with a 2 p.m. cutoff hour. If it decides to dis-honor the check, it must do so by midnight A) Saturday
B) Sunday. C) Monday. D) Tuesday.