Which company is MOST likely to pay the largest dividend?
A. a new company experiencing rapid growth
B. a developing company
C. a sole proprietorship
D. a mature company
Answer: D
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On July 7, 2014, Lawrence Company sold some machinery to Johnson Construction Company. The sales contract requires Johnson to pay five equal annual payments of $75,000 each, beginning on July 7, 2014. What present value concept is most appropriate for this situation?
A) present value of an annuity due of $1 for five periods B) present value of an ordinary annuity of $1 for five periods C) future value of an annuity of $1 for five periods D) future value of $1 for five periods
Trade accounts payable (or accounts payable) are amounts owed to suppliers for products or services purchased on credit.
Answer the following statement true (T) or false (F)
Which of the following is characteristic of a general partnership?
A) The partners have co-ownership of partnership property. B) The partnership is subject to federal income tax. C) The partnership has an unlimited life. D) The partners have limited liability.
With regard to the following areas of communication, which takes most of the manager’s time?
a. talking b. reading c. writing d. delegating e. listening