According to the "bird-in-the-hand" dividend theory, the required return for a stock that pays its
entire return from dividends is higher than the required return for a high-growth stock that pays
no dividend.
Indicate whether the statement is true or false
FALSE
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________ looks at specific products, territories, and so forth that failed to produce expected sales
A) Microsales analysis B) Sales variance analysis C) Expense-to-sales analysis D) Full costing analysis E) Financial analysis
Conclusive research is conducted on a small and nonrepresentative sample, so the findings should be regarded as tentative and should be used as building blocks for further research
Indicate whether the statement is true or false
A petty cash fund was established with a $550 balance. It currently has cash of $105 and petty cash tickets as shown below:
Which of the following would be the journal entry to replenish the Petty Cash account?
A) debit various expenses $445; credit Cash $445
B) debit various expenses $445; credit Petty Cash $445
C) debit Cash $105; credit various expenses $105
D) credit Petty Cash $445; debit Cash $445
Answer the following statements true (T) or false (F)
1. Investors and creditors can evaluate a company by examining only one year of data. 2. Investors and creditors cannot evaluate a company by examining only one year of data. 3. To accurately determine the financial performance of a company, it is necessary to compare its performance from year to year, with a competing company, and with the same industry as a whole. 4. Horizontal analysis provides a year-to-year comparison of a company's performance in different periods. 5. Ratio analysis is used most effectively to measure a company against other companies in different industries.