Since retained earnings are viewed as a fully subscribed issue of additional common stock, the cost of retained earnings is ________.
A) less than the cost of new common stock equity
B) equal to the cost of new common stock equity
C) greater than the cost of new common stock equity
D) not related to the cost of new common stock equity
A) less than the cost of new common stock equity
You might also like to view...
On the statement of cash flows, the cash flows from operating activities section would include
a. receipts from the issuance of capital stock b. payment for interest on short-term notes payable c. payments for the purchase of investments d. payments for cash dividends
Pilsner Company. converts its foreign subsidiary financial statements using the translation process. The company's subsidiary in the Czech Republic reported the following for 2014: revenues and expenses of 25,000,000 and 18,500,000 koruna, respectively, earned or incurred evenly throughout the year, dividends of 1,500,000 koruna were paid during the year. The following exchange rates are
available: On January 1 . 2014 .................................... $.040 On December 31 . 2014 .................................. .030 Average rate for 2014 ................................. .035 Rate when dividends were declared and paid ............ .031 Translated net income for 2014 is a. $148,500. b. $227,500. c. $175,000. d. $195,000.
Which of the following is a job title for a professional buyer?
A) gatekeeper B) procurement officer C) initiator D) influencer E) sales manager
Which statement is true regarding courtesy during negotiations?
a. Knowing your facts is more important than courtesy. b. Allowing someone to save face is very valued in some cultures. c. Courtesy will not clarify misinterpretations. d. Courtesy is harder to achieve with a mediator.