Stock dividends have little economic substance for shareholders
Indicate whether the statement is true or false
T
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In assessing the debt ratios, analysts customarily vary the standard in relation to the stability of the firm's earnings and cash flows from operations. Public utilities have liabilities to assets ratios frequently on the order of
a. 0% to 10%. b. 10% to 20%. c. 30% to 40%. d. 60% to 70%. e. 90% to 100%.
If you are not breaking the law, then you are acting in an ethical manner
Indicate whether the statement is true or false
The main reason behind Alphabet's decision to acquire the Israeli start-up company Waze for $1 billion was probably to
A. support start-up companies with venture capital. B. share its capabilities with Waze. C. preempt its competitors from buying Waze. D. gain access to technology that is alien to it.
Which of the following entries is necessary to close the appropriate depreciation account at the end of the year?
A) debit Accumulated Depreciation and credit Income Summary B) debit Depreciation Expense and credit Income Summary C) debit Income Summary and credit Accumulated Depreciation D) debit Income Summary and credit Depreciation Expense