A common stock's par value is always equal to the market value of the stock on the last day of the fiscal year in which the stock is issued.
Answer the following statement true (T) or false (F)
False
The par value and market value of a common stock are not related—that is, the par value does not determine the market value, and vice versa. See 7-1: Types of Equity
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How is the contribution margin calculated when utilizing variable costing?
a. Sales less variable cost of goods sold b. Sales less variable cost of goods sold, less variable selling and administrative expenses c. Sales less cost of goods sold d. Sales less variable cost of goods sold, less variable selling and administrative expenses, less fixed cost of goods sold, less fixed selling and administrative expenses
Deceptive promotion includes practices such as misrepresenting the product's ________
A) price or packaging B) features or performance C) size or quantity D) wholesale or retail price E) packaged contents
Segmentation techniques used for consumers can be used for business markets as well
Indicate whether the statement is true or false
To ensure covered workers will receive their accrued benefits even if they get fired, ERISA created the Pension Benefit Guaranty Corporation.
Answer the following statement true (T) or false (F)