The ________ is typically recognized as the earliest modern business corporation.
a. East India Company
b. Ford Motor Company
c. Lorillard Tobacco Company
d. Southern Pacific Railroad
Ans: A
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Under a periodic inventory system
A) accounting records continuously disclose the amount of inventory B) a separate account for each type of merchandise is maintained in a subsidiary ledger C) a physical inventory is taken at the end of the period D) merchandise inventory is debited when goods are returned to vendors
Operations management is applicable:
A) mostly to the service sector. B) to services exclusively. C) mostly to the manufacturing sector. D) to all firms, whether manufacturing or service. E) to the manufacturing sector exclusively.
A discount bond
A) is also called a coupon bond. B) is also called a zero-coupon bond. C) is also called a fixed-payment bond. D) is also called a corporate bond.
Answer the following statements true (T) or false (F)
1. The dividend payout ratio includes both stock dividends and cash dividends. 2. The dividend yield is the cash dividend divided by the current market price of the stock. 3. The dividend yield is defined by the amount of return the stockholder is getting in the form of cash dividends compared to the stock market price. 4. Following the payment of a stock dividend, the firm's stock price tends to drop slightly. 5. To receive a dividend on common stock, an investor must purchase the stock before the ex-dividend date.