An acceptance that includes a change to the original terms still creates a valid contract
Indicate whether the statement is true or false
FALSE
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Using point-of-sale data to evaluate point-of-purchase (POP) displays can help manufacturers strengthen partnerships with retailers on the use of POP displays
Indicate whether the statement is true or false
In order to determine the economic success of a grocery store, we should view it as separate from the other resources that are owned by this individual
Indicate whether the statement is true or false
Describe the reasons for increasing business globalization.
What will be an ideal response?
Eastline Corporation had 10,000 shares of $10 par value common stock outstanding when the board of directors declared a stock dividend of 3,000 shares. At the time of the stock dividend, the market value per share was $12. The entry to record this dividend is:
A. Debit Retained Earnings $36,000; credit Common Stock Dividend Distributable $36,000. B. Debit Retained Earnings $36,000; credit Common Stock Dividend Distributable $30,000; credit Paid-In Capital in Excess of Par Value, Common Stock $6,000. C. Debit Retained Earnings $30,000; credit Common Stock Dividend Distributable $30,000. D. Debit Common Stock Dividend Distributable $36,000; credit Retained Earnings $36,000. E. No entry is needed.