Which of the following should be considered when a company decides to declare a cash dividend on common stock?
a. The retained earnings balance only
b. The amount of authorized shares of common stock
c. The book value of the company's stock
d. The cash available and the retained earnings balance
d
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Which of the following statements is TRUE?
A) Accounts receivable are more liquid than cash. B) Notes receivable are always classified as current assets. C) Notes receivable usually have longer collection terms than accounts receivable. D) Accounts receivable are liabilities.
A tort in which the violation of a statute or an ordinance constitutes the breach of the duty of care is ________.
A. negligence per se B. res ipsa loquitur C. strict liability D. proximate cause
________ measures the strength or magnitude of the action potential.
a. Amplitude b. Rhythm c. Heart rate d. The vertical axis
The following is a list of selected users of accounting information. Match the appropriate user to the following decisions they make with accounting information.
A. Assess whether an organization is likely to repay its loans with interest. B. Know what, when, and how much to purchase. C. Decide whether to buy, hold, or sell a company's stock. D. Assess whether a company has paid all required taxes and complied with securities rules. E. Judge the soundness of a customer before making sales on credit.