A simple bar chart compares two or more variables on one dimension, such as time

Indicate whether the statement is true or false


TRUE

Business

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Anole Company was incorporated as a new business on January 1, 2016 . The company is authorized to issue 20,000 shares of $5 par value common stock and 10,000 shares of 6%, $10 par value, cumulative, participating preferred stock. On January 1, 2016, the company issued 8,000 shares of common stock for $15 per share and 2,000 shares of preferred stock for $30 per share. Net income for the year

ended December 31, 2016, was $375,000. Refer to the information about Anole Company. The amount of Anole's total contributed capital at December 31, 2016, is a. $60,000. b. $120,000. c. $180,000. d. $555,000.

Business

Which of the following is the result of the maker of a promissory note failing to pay the note on the due date?

A) a discounted note B) a depreciated note C) an amortized note D) a dishonored note

Business

The basic premise of unrelated diversification is that

A. the best companies to acquire are those that offer the greatest economies of scope rather than the greatest economies of scale. B. any company that can be acquired on good financial terms and that has satisfactory growth and earnings potential represents a good acquisition and a good business opportunity. C. the task of building shareholder value is better served by seeking to stabilize earnings across the entire business cycle than by seeking to capture cross-business strategic fits. D. the best way to build shareholder value is to acquire businesses with strong cross-business financial fit. E. the least risky way to diversify is to seek out businesses that are leaders in their respective industry.

Business

UCC Section 2-319 expressly authorizes the buyer and seller to allocate the __________ between them as they see fit

a. damages b. specific performance c. modification d. risk of loss

Business