When a stock dividend is distributed, the account to be credited would be
a. Stock Dividends.
b. Stock Dividends Distributable.
c. Paid-In Capital in Excess of Par.
d. Capital Stock.
d
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Lottony, Inc is concerned about its profitability for the current year, since its profit margin has dropped 10% since last year. Which of the following is the least useful comparison in evaluating the drop in Lottony' profit margin?
a. Comparison with the industry average for the current year b. Comparison with its current ratio for the current year c. Comparison with the profit margins for its major competitors for the current year d. Comparison with its profit margins for the past five years
Generalization analysis is describing the data in the sample with the use of percentages or averages
Indicate whether the statement is true or false
A business buys candy and gum from many different manufacturers and then resells the items to a variety of different stores. The business is an example of a(n) ________
A) independent intermediary B) manufacturer-owned intermediary C) disintermediator D) reverse marketer E) brokerage company
When is a hybrid costing system appropriate in a manufacturing setting?