What is the primary reason for a stock split?
A) To distribute cash to the investor.
B) To decrease the market value of the stock.
C) To decrease the number of shares outstanding.
D) To increase the capital stock of the corporation.
B
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The most significant difference between a manufacturer's income statement and a merchandiser's income statement is the use of "cost of goods manufactured" in the place of "purchases."
a. True b. False Indicate whether the statement is true or false
Amanda requires all applicants take a paper-and-pencil test to assess their ability to apply knowledge about spreadsheet software. Amanda is giving her applicants a(n) ______ test.
A. honesty B. skills C. interest D. cognitive ability
All of the following are associated with the volume variance except:
A. It is considered outside the control of the product manager. B. The volume variance is based solely on fixed overhead. C. Failing to meet expected production results from lower customer demand. D. It results from operating at a different capacity than predicted. E. It is considered to be under management's control.
Hank owns 100 shares of cumulative preferred stock in Wayside Transport, Inc. Kelsey owns 50 non-cumulative preferred shares, and Oleg owns 120 shares of common stock. Wayside does not pay dividends in 2015. In 2019
A. Hank and Kelsey must receive their 2019 dividends before Oleg is paid any 2019 dividends. B. Oleg cannot receive any 2019 dividends until Hank is paid for the 2015 dividends. C. Kelsey cannot receive the dividends Wayside could not afford to pay in 2015. She will just lose them. D. All of these are correct.