Why is the Dividends account increased by a debit? Explain in terms of its relationship to stockholders' equity
Dividends represent a decrease in stockholders' equity. According to the rules of debit and credit, a decrease in stockholders' equity is recorded as a debit.
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Fixed costs that change for activity outside the relevant range would include
a. supervision costs. b. electricity costs. c. production supplies costs. d. raw materials costs.
Costs that are common to many different activities within an organization are known as ____ costs
a. product- or process-level b. organizational-level c. batch-level d. unit-level
Which document contains the specifications for the product being purchased, quality and service requirements, payment terms, and so on?
A. request for information (RFI) B. request for invoice (RFI) C. request for purchase (RFP) D. request for proposal (RFP)
Analysts reassess Manufactured Earnings' future performance as follows: growth in book value increases to 12 percent per year, but the ROE of the incremental book value is only 15 percent. What is the impact on the market-to-book ratio?