High dividends may increase stock values due to all of the following reasons EXCEPT
A) higher dividends are used to signal higher expected future earnings.
B) dividends are more certain than capital gains.
C) higher dividends allow companies to increase their proportion of external equity financing.
D) dividends are used as a tool to minimize agency costs.
C
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Unfortunately, the bookkeeper notices that two transactions for Patio Publications were not reflected in the balances of the trial balance: one to record $800 of accrued wages and salaries to be paid in the next period, and the other was the use of $560 of office supplies from the supplies on hand. If the Trial Balance column totals are $15,380 prior to discovering these mistakes, what are the
totals of the Trial Balance columns after the corrections are made? a. $15,860 b. $15,140 c. $16,740 d. $16,180
A company wants to decrease its $200 petty cash fund to $175. The entry to reduce the fund is:
A. Debit to Cash $25; credit Petty Cash $25. B. Debit Petty Cash for $175; debit Cash Over and Short $25; credit Cash $200. C. Debit Petty Cash $25; credit Cash $25. D. Debit Cash Over and Short for $25; credit Petty Cash $25. E. Debit Miscellaneous Expenses $25; credit Cash $25.
The major difference between the perpetual and periodic methods of records transfer is the frequency with which records are transferred
Indicate whether the statement is true or false.
E-commerce refers to exchanges between individuals and organizations-and the activities that facilitate those exchanges-based on applications of information technology.
Answer the following statement true (T) or false (F)