In the context of investments, theboard of directors of a corporation is legally obliged to declare dividends.
Answer the following statement true (T) or false (F)
False
A dividend is a distribution of profits paid out to the stockholders of a corporation. Dividends are paid only if the corporation's board of directors declares them—and there is no legal requirement for them to do so. See A-4: Your Investments: Building for the Future
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Central Investments bought 4,000 shares of Benet Company common stock on January 1, 2018, for $20,000, and 4,000 shares of Roy Company common on July 1, 2018, for $24,000. Benet declared dividends on December 31, 2018 of $3,000. At the end of 2018, the fair value of Roy was $30,000 and the fair value of Benet was $28,000. At the end of 2019, the fair value of Roy was $32,000 and the fair value of Benet was $24,000. These investments are reported in the long-term asset section of Central's balance sheet. Central owns 8% of Benet Company and 12% of Roy Company.How much income was reported on the 2018 income statement?
A. $14,240 B. $0 C. $14,000 D. $240
The inventory of a(n)_____________consists of three distinct types of costs: direct materials, direct labor, and manufacturing overhead
Fill in the blank(s) with correct word
The standard paper size for business documents is consistent around the world
Indicate whether the statement is true or false
Maximization Of Work Team Effectiveness Joseph was appointed captain of his office cricket team. In his first week as captain of the cricket team, Joseph noted that the team was not up to corporate standards. It has been a while since they played
together as a team, and the team lacked match practice. There was also a lot of fighting within the team. Andrew and Jack, the opening batsmen for the team, do not get along well with each other. This tension between the opening pair caused a lot of friction in the team. The team's morale was down and lacked motivation for the upcoming corporate tournament. However, Joseph knows what the team is capable of winning if they play together as a team. What should Joseph do to maximize the team's effectiveness?