A stock dividend is a distribution of corporate assets that returns part of the original investment to shareholders.
Answer the following statement true (T) or false (F)
False
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Which of the following is characteristic of a pure market allocation system?
A) The consumers decide what goods will be produced and by whom. B) The state determines the goods that consumers should use. C) It has limited economic integration with the rest of the world regions. D) It fails to utilize the market mix elements when demand exceeds supply.
The following ratio relates the results of operating performance to the investments (assets) of a firm without regard to how the firm financed those investments. Net Income + Interest Expense Net of Income Tax Savings ----------------------------------------------------------------------- Average Total Assets The ratio is called a rate of return on:
a. assets. b. long-term investments. c. shareholders' equity. d. net income. e. net income and interest expense net of income tax savings.
Jason is writing a formal business letter to document his decision to enter into a long-term agreement with a trucking supplier. Please answer the questions below. When writing the salutation it is recommended that Jason include the word Dear followed by the reader's name, and then a ____.
A. colon B. semicolon C. comma D. dash
FICAlong dash—OASDI Taxes Payable would normally be shown on the balance sheet under long-term liabilities.
a. true b. false