Management accounting is not a subordinate activity to financial accounting
Indicate whether the statement is true or false
T
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The _____ believe that it takes a long time for prices and wages to change to restore equilibrium in an economy.
A. Keynesians B. classical economists C. monetarists D. institutional economists
Realized real interest rates in the United States were often negative in the early
A. 1960s. B. 1970s. C. 1980s. D. 1990s.
Forces promoting global integration include ________
A) strong local preferences B) heterogeneous demand C) local standards and barriers D) strong consumer resistance to foreign goods E) capital-intensive production
On January 1, a corporation had 15,380 shares of common stock outstanding. On August 1, it sold an additional 5,000 shares. During the year, dividends of $4,800 and $56,000 were declared and paid on the common and preferred stock, respectively. Net income for the year was $250,000. What was the basic earnings per share for the year (rounded to the nearest cent)?
A) $16.26 B) $14.32 C) $11.11 D) $10.83