A firm has the following stockholders' equity balances:
In states where the firm's legal capital is defined as the par value of its common stock, the maximum cash dividend the firm could pay is ________.
A) $3,600,000
B) $400,000
C) $3,200,000
D) $1,600,000
C) $3,200,000
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Consider the regression results where sales is the independent variable and cash is the dependent variable. If next year’s sales are forecasted to be 8,260, what is the forecast for cash?
a) $3,953.95
b) $4,054.37
c) $2,201.57
d) $1,221.30
e) $799.84
A ________ income statement format shows detailed computations of net sales and other costs and expenses, and reports subtotals for various classes of items.
Fill in the blank(s) with the appropriate word(s).
Which of the following is NOT a weakness in data interpretation?
a. Inferring that results of one study are true for all groups. b. Assuming constancy of human behavior and attitudes. c. Trying to make results conform to a prediction. d. All are weaknesses.
What is net working capital? Why should it be considered an investment that a firm must make to increase its future profitability?
What will be an ideal response?