The second quartile for a set of data will have the same value as the 50th percentile only when the data are symmetric

Indicate whether the statement is true or false


FALSE

Business

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MacArthur Company began operations on March 1, 2015 . The corporate charter authorized issuance of 3,000 shares of $2 par value common stock. MacArthur sold all of the stock on March 1 . On May 1, MacArthur repurchased 2,000 of the outstanding shares. On May 14, MacArthur sold 1,200 of the treasury shares. On June 1, MacArthur declared a 2-for-1 stock split. As a result of the split, what

occurred? a. Assets declined. b. Stockholders' equity increased. c. Stockholders' equity decreased. d. Total stockholders' equity stayed the same.

Business

Explain the recent concerns for the independence of the board of directors.

What will be an ideal response?

Business

______ are narratives.

Fill in the blank(s) with the appropriate word(s).

Business

A basic principle of internal control over cash receipts is that the deposit of the cash and the recording of the receipts into the journal should be separated

Indicate whether the statement is true or false

Business