If 20,000 shares are authorized, 15,000 shares are issued, and 500 shares are held as treasury stock, a cash dividend of $1 per share would amount to $15,000

a. True
b. False

Indicate whether the statement is true or false


False

Business

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What effect does "recognizing revenue at the end of the accounting period for rent previously received in advance" have on the accounting equation for an insurance company?

a. Stockholders' equity increases and liabilities increase. b. Assets increase and stockholders' equity increases. c. Assets decrease and liabilities decrease. d. Liabilities decrease and stockholders' equity increases.

Business

The product costs that appear in the financial statements are actual product costs

Indicate whether the statement is true or false

Business

Intrapersonal communication is the communication that occurs between two people

Indicate whether the statement is true or false

Business

The requirement for women to cover head, arms, and legs and to be accompanied by another woman or man is an example of the environmental factor termed ________.

Fill in the blank(s) with the appropriate word(s).

Business