When a corporation earns profits, it must pass them on to shareholders in the form of dividends
Indicate whether the statement is true or false
F
You might also like to view...
Which of the following accounts probably would have a smaller balance in the Adjusted Trial Balance columns of a work sheet than in the Trial Balance columns?
a. Prepaid Advertising b. Wages Payable c. Accumulated Depreciation–Equipment d. Wages Expense
Which of the following is an example of a grant proposal?
A) A supervisor requesting funding from her boss for new computers, monitors, and printers to enable her department to function more efficiently B) An academic organization requesting funding from a foundation to support a math, science, and technology competition C) A bookstore employee suggesting to the bookstore owner that they start organizing family-friendly programs, like a story hour D) A chef in a restaurant requesting that the restaurant start offering a line of light and healthy menu choices E) An employee asking for approval to work in a flex-time schedule
Soledad and Winston are partners who share income in the ratio of 1:3 and have capital balances of $100,000 and $140,000 at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $130,000. What amount of loss on realization should be allocated to Winston?
A) $110,000 B) $97,500 C) $42,500 D) $82,500
Answer the following statements true (T) or false (F)
Because American unions were instrumental in pushing for increased protective legislation such as workers' compensation laws and unemployment insurance, the demand for union services has increased, rather than decreased, over time. Part of the decline in union density may be due to the fact that newer entrants to the workforce are less likely to have ever experienced the benefits of unionization and therefore are less likely to become union members themselves. Workers are more likely to experience unionism when they are young than when they are older. If the reasons for the decline in unionization rates in the U.S. are largely structural and a result of declining demand for union services, there is no real need for labor law reform.