The offeror has the right to withdraw an offer at any time before it is accepted
Indicate whether the statement is true or false
T
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Use the information below for Focal Point Corp for 2016 and 2017 to answer the following question. Retained earnings, December 31, 2016 $300,000 Retained earnings, December 31, 2017 345,000 Dividends payable, December 31, 2016 19,000 Dividends payable, December 31, 2017 29,000 Net income—2017 150,000 Assume that there were no retained earnings transactions other than those dealing with
dividends and net income. How much dividends did Focal Point declare during 2017? a. $95,000 b. $105,000 c. $140,000 d. $150,000
_____ are defined as companies in the same industry that sell similar products or services to customers.
A. Buyers B. Suppliers C. Competitors D. Industry regulators
Older Americans do not need private insurance to supplement their Medicare coverage
Indicate whether the statement is true or false.
If an issuer sells bonds at a premium:
A. The carrying value decreases from the par value to the issue price over the bond's term. B. The carrying value increases from the issue price to the par value over the bond's term. C. The carrying value of the bond stays constant over time. D. The carrying value increases from the par value to the issue price over the bond's term. E. The carrying value decreases from the issue price to the par value over the bond's term.