The return from investing in the shares of common stock has two components: cash dividends and the change in the market price of the common stock

Indicate whether the statement is true or false


T

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Which sentence uses second as a noun?

A) ?It will take you only a second to answer my questions about the job requirements. B) ?In Tuesday's meeting Teri said, "I will second the motion." C) You should rehearse your answers to possible interview questions until they become second nature.

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Narrative 11-1 Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent) Refer to Narrative 11-1. Lane invests $7,000, at 7% interest, compounded annually for 22 years. Calculate the compound interest

for his investment. A) $31,012.80 B) $8,753.25 C) $24,012.80 D) $15,655.23

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An opportunity cost is

A. the foregone benefit from the best alternative course of action. B. a cost that is charged against revenue in an accounting period. C. the excess of operating revenues over operating costs. D. the cost assigned to the products sold during the period.

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When accounting for returned merchandise, you can either issue a refund check or apply a credit toward a future purchase

a. true b. false

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