Firms may periodically distribute net assets generated by earnings to shareholders as a dividend. Firms
a. increase net assets and decrease retained earnings.
b. increase net assets and retained earnings.
c. reduce net assets and retained earnings.
d. reduce net assets and increase retained earnings.
e. reduce net assets and increase shareholders' equity.
C
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Julio lives in Summit County, in Colorado. He has taken health insurance from Pro-Life Inc, a health maintenance organization in Colorado that has a network of health care providers
Julio can visit the health care providers in the Pro-Life Inc network, and get services at much lower rates. Julio regularly visits Dr. Amy Page, the best general physician in the Pro-Life Inc network in Summit County even though he is not satisfied with her services. When any his friend require medical services, Julio does not recommend Dr. Amy Page to them. For Dr. Amy Page, Julio is a(n) ________ customer. A) intermediate B) loyal C) captive D) repeat E) unprofitable
How will the payee of the promissory note record the note on its books?
a. The promissory note will be recorded as an asset. b. The promissory note will be recorded as a liability. c. The promissory note will be recorded as revenue. d. The promissory note will be recorded as an expense.
The graphical approach to cost-volume-profit analysis generally yields more precise results than using a formula
Indicate whether the statement is true or false
You plan to invest in securities that pay 11.2%, compounded annually. If you invest $5,000 today, how many years will it take for your investment to grow to $9,140.20?
A. 6.36 B. 5.63 C. 4.60 D. 5.85 E. 5.68