If a corporation has only common stock outstanding, book value per share can be determined by dividing the total stockholders' equity by the number of shares outstanding at the end of the year
a. True
b. False
Indicate whether the statement is true or false
True
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Copper, Inc purchased merchandise worth $1,800 on credit, terms n/30. What is the required journal entry to record the transaction under the periodic inventory system?
A) Accounts Receivable 1,800 Purchases 1,800 B) Purchases 1,800 Accounts Payable 1,800 C) Merchandise Inventory 1,800 Accounts Payable 1,800 D) Accounts Payable 1,800 Merchandise Inventory 1,800
Which of the following statements best defines a labor market?
A. It is a system that uses a direct market-pricing approach for all of a firm's jobs. B. It is a system that firms use to compete for business in the marketplace and to gain competitive advantage. C. It is a geographical area where employers attempt to integrate their products (job opportunities) with all consumers (job applicants). D. It is a geographical area within which the forces of supply (job aspirants) interact with the forces of demand (employers).
Which of the following operates the largest private personal database in the world?
A) Experian B) Acxiom C) TransUnion Corporation D) Apple
Under the Fifth Amendment, when can a person be forced to produce documents for a government prosecution that could implicate a business in a violation of the law?
a. never; one does not have to report business information that will be incriminating b. one must produce documents the government requires unless they will incriminate an employee of the business c. only if the person is a top executive of the business d. only if the person involved does not work for the business e. none of the other choices