Accounting is the information system that measures business activities, processes the information into reports, and communicates the results to decision makers
Indicate whether the statement is true or false
TRUE
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The following information is available for Meyer Company: Dividends per share of common stock $1.80 Market price per share of common stock $30.00 Which of the following statements is correct?
a. The dividend yield is 6.0%, which is of interest to investors seeking an increase in market price of their stocks. b. The dividend yield is 6.0%, which is of special interest to investors seeking to earn revenue on their investments. c. The dividend yield is 16.7%, which is of interest to bondholders. d. The dividend yield is 16.7% which is an important measure of solvency.
Carrying value is computed annually when a bond is issued for other than its face value. For a bond issued at a discount, how will this component change as the bond approaches maturity?
a. decrease b. increase c. remain constant d. not enough information given to decide
Jacob’s manager asks him to organize a blood drive for the organization. The manager tells Jacob that if he accepts the assignment, he will be awarded Employee of the Month. Jacob has organized blood drives in the past and knows how much work is involved. He does not doubt that his manager can deliver on the promise of the award. However, Jacob has always thought that the award was silly. According to expectancy theory, Jacob is unmotivated to accept the assignment because ______ is lacking.
A. valence B. instrumentality C. expectancy D. significance
Franchising:
A. reduces risk of downside loss. B. is the same as the me-too strategy. C. reduces the amount of competition an entrepreneur will face. D. is the only imitation strategy discussed in the text.