Returns from shares of stock come in the form of
A) stock splits.
B) capital appreciation.
C) dividends.
D) All of the above are correct.
E) Only B and C are correct.
Answer: E
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Which of the following statements is true of privity of contract?
A. In most cases, the manufacturer does not have control over the condition of the product when it reaches the buyer's hands and should not be held liable for any defects in it. B. In most states, the buyer is permitted to sue both the retailer and the manufacturer in the same suit. C. In the past, a person was not required to be in privity of contract to enforce the contract. D. In the past, courts allowed an injured purchaser to recover directly from the manufacturer of the goods.
The first step in the accounting cycle is to analyze transactions and events to prepare for journalizing.
Answer the following statement true (T) or false (F)
Answer the following statements true (T) or false (F)
Postulates are generally defined as basic assumptions that cannot be verified.
An organization must complete an assessment of estimated ______ from business operations and determine what percentage of revenues can or should realistically go toward compensation costs.
A. equity B. costs C. revenues D. growth