The expected total return on a share of stock refers to the dividend yield less any commissions paid when the stock is purchased and sold.
Answer the following statement true (T) or false (F)
False
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Below is financial data for Computech Industries' current year. Net sales on account during year $500,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000 Refer to the data for Computech Industries. Based on this information, what is the accounts
receivable turnover for the current period? a. 10.0 times b. 12.5 times c. 11.1 times d. 14.3 times
When a partner invests assets other than cash into a partnership, those assets should be listed on the balance sheet at
A) their original cost. B) their carrying (book) value. C) their fair market value. D) the value the investing partner assigns to them.
According to the 1991 Federal Sentencing Guidelines, what happens to a company that has implemented an effective code of ethics compared to one that does not?
a. It will not be held liable when fraud lawsuits are brought against it. b. It may receive formal financial incentives. c. It is subject to reduced prison sentencing for management. d. There are no formal rewards, but it has an improved reputation.
Parties to multilateral agreements are prevented from entering into bilateral arrangements
Indicate whether the statement is true or false