Preferred stock is considered the residual equity of a corporation
Indicate whether the statement is true or false
False
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If fixed costs are $850,000 and the unit contribution margin is $50, profit is zero when 15,000 units are sold
Indicate whether the statement is true or false
Prady, Inc began operations on October 1, 2011, with 3,000 shares of $2 par common stock authorized. Prady issued all of its common stock during 2011 and 2012. On December 31, 2012, Prady repurchased 1,000 shares of its outstanding shares, then reissued 500 of these shares on March 1, 2013. On June 1, 2013, Prady declared a 2-for-1 stock split. As a result of this stock split, which of the
following is true? A) Assets decreased. B) Stockholders' equity decreased. C) Stockholders' equity increased. D) Total stockholders' equity remained the same.
As companies have fewer managers and HR professionals, coworkers are expected to play a more active role in developing and training each other
Indicate whether the statement is true or false.
It is almost impossible to watch a sporting event on television without seeing Nike's swoosh, which is Nike's
A. symbol. B. term. C. design. D. theme. E. name.