The Civil Rights Act of 1991 provides that victims of sex discrimination no longer face limits on compensatory and punitive damages
a. True
b. False
Indicate whether the statement is true or false
False
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Under the equity method, the receipt of cash dividends on an investment in common stock of Vallerio Corporation is accounted for as a debit to Cash and a credit to
A) Investment in Vallerio B) Retained Earnings C) Dividend Revenue D) Dividend Receivables
Which statement concerning cultural differences in dining practices is incorrect?
a. In France bringing dogs into restaurants is customary. b. Tahitian food is eaten with the fingers. c. Dogs may be on the menu in South Korean restaurants. d. The U.S. "zigzag" eating style is more efficient than the continental eating style.
The two techniques that are considered most useful for generating new-product ideas are customer-generation and competitive imitation.
Answer the following statement true (T) or false (F)
West Company declared a $0.50 per share cash dividend. The company has 190,000 shares issued, and 10,000 shares in treasury stock. The journal entry to record the payment of the dividend is:
A. Debit Common Dividends Payable $95,000; credit Cash $95,000. B. Debit Retained Earnings $5,000; credit Common Dividends Payable $5,000. C. Debit Common Dividends Payable $90,000; credit Cash $90,000. D. Debit Retained Earnings $90,000; credit Common Dividends Payable $90,000. E. Debit Retained Earnings $95,000; credit Common Dividends Payable $95,000.