A policy of "sticky dividends," meaning one in which dividends tend to stick at newly raised levels, is used more frequently by firms than a residual dividend policy
Indicate whether the statement is true or false.
Answer: TRUE
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Which of the following events will cause a company's current ratio to decrease?
a. The sale of inventory for cash b. The sale of inventory for credit (accounts receivable) c. Issuing stock for cash d. Paying off long-term debt with cash
In Activity-based costing, the activity rates that are used to charge costs to each job are based on:
a. the direct labor hours incurred by each activity. b. the number of units produced. c. each activity's consumption of the resources required to sustain it. d. volume related cost drivers.
Which of the following statements is true regarding leaders and information management.
A. Leaders should always share information with followers as soon as they have it. B. Leaders should keep information to themselves. C. Leaders should deny having information even if they have it. D. Leaders tend to have more access to information than followers.
What is the unit product cost for the year using absorption costing?
Circetrax, Inc. has provided the following financial information for the year:
A) $65
B) $82
C) $119
D) $64