Which of the following is/are not true?
a. Firms may periodically distribute net assets generated by earnings to shareholders as a dividend.
b. Firms reduce net assets and retained earnings for the dividend distribution.
c. Retained earnings on the balance sheet provides a measure of the cumulative net assets generated by earnings in excess of dividends declared.
d. The sale of property, plant, and equipment represents the primary source of funds for most successful businesses.
e. none of the above.
D
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The present value of a future sum decreases as either the discount rate or the number of periods per year increases, other things held constant.
Answer the following statement true (T) or false (F)
Only transactions that involve cash are reported on the statement of cash flows
Indicate whether the statement is true or false
The amount of goods available for sale during the year depends on the amounts of
a. beginning merchandise inventory, net cost of purchases, and ending merchandise inventory. b. beginning merchandise inventory and cost of goods sold. c. beginning merchandise inventory, cost of goods sold, and ending merchandise inventory. d. beginning merchandise inventory and net cost of purchases.
Explain the implications of giving "notice" about monitoring.
What will be an ideal response?