Short-term notes payable represent a written promise by the business to pay a debt, without the addition of interest, within one year or less
Indicate whether the statement is true or false
FALSE
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Which of the following statements is TRUE?
A) Both a stock dividend and a stock split increase the balance in the common stock account. B) Both a stock dividend and a stock split reduce retained earnings. C) Neither a stock dividend nor a stock split will result in net gains or losses. D) A stock split increases the par value per share of the stock.
Which of the following statements is TRUE of information systems?
A. Information systems should be bought entirely off-the-shelf. B. Every information system has at least one application. C. Every business process should include at least one information system. D. Information systems include all business process activities. E. Information systems should consist of only one application.
It is always wise to have a __________, which is the best outcome you could achieve if the negotiation fails and you must follow another course of action.
a. CAT b. BATNA c. NATBAT d. ZOPA
You determine that LMN common stock has an expected return of 24%. LMN has a Beta of 1.5. The
risk-free rate is 5%, and the market expected return is 15%. Which of the following is most likely to happen? A) You and other investors will sell LMN stock and its return will fall. B) You and other investors will buy up LMN stock and its return will rise. C) You and other investors will buy up LMN stock and its price will rise. D) You and other investors will sell LMN stock and its price will fall.