At the quarterly meeting of Tangshan Mining Corporation, held on September 10th, the directors declared a $1.00 per share dividend for the firm's 100,000 shares of common stock outstanding
The net effect of declaring and paying this dividend would be to ________.
A) decrease total assets by $100,000 and increase stockholders equity by $100,000
B) decrease total assets by $100,000 and decrease stockholders equity by $100,000
C) increase total assets by $100,000 and increase stockholders equity by $100,000
D) increase total assets by $100,000 and decrease stockholders equity by $100,000
B
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Flexibility applies to which of the following situations?
a. Situations in which there are relevant circumstances and more than one possible accounting method exists. b. Situations in which there are relevant circumstances but only one possible accounting method exists. c. Situations in which there are no observable relevant circumstances and more than one possible accounting method exists. d. All of the above.
Which retail institution purchases brand name merchandise on an opportunistic basis and seeks to attract department store shoppers?
a. full-line discount store b. warehouse store c. off-price chain d. flea market
The main difference between attitudes and beliefs is that beliefs always involve liking or disliking, but attitudes don't necessarily involve liking or disliking.
Answer the following statement true (T) or false (F)
Which of the following is a proposition of the Davis model of corporate social responsibility?
A. The social costs related to each activity, product, or service shall be passed on to the consumer. B. Whistle-blowers should be identified and prevented from disturbing the work culture of organizations. C. Business institutions do not have the responsibility to become involved in any social problem that is outside their normal areas of operation. D. Business shall operate as a one-way system, with open receipt of inputs from society but controlled disclosure of its operations to the public.