Show the effect of a stock dividend on the accounting equation (by using "+" or "-" in the elements affected).
What will be an ideal response?
A stock dividend has no overall impact on the accounting equation.
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A common measure of liquidity is
a. the ratio of sales to assets b. dividends per share of common stock c. the accounts receivable turnover d. the profit margin
Identify a true statement about protective strategies for responding to political risks.
A. These strategies are designed to help overseas operation become part of a host country's infrastructure. B. Protective strategies for responding to political risks include developing good relations with the host government and other local political groups. C. These strategies are designed with the objective that a multinational company is perceived as less foreign and thus unlikely to be the target of government action. D. Organizations with an emphasis on innovative technology prefer a protective technique as a way to safeguard against actions such as counterfeiting.
The Age Discrimination in Employment Act currently protects employees between the ages of:
A) 40 and 65. B) 40 and up (no upper age limit). C) 50 and 70. D) 18 and up (no upper age limit).
The theft of property included in the gross estate is only deductible in calculating the taxable estate if the loss exceeds 10 percent of the decedent's adjusted gross estate.
Answer the following statement true (T) or false (F)