The basic purpose of a trial balance is to
A) list all of the accounts in the general ledger.
B) list all of the accounts in the general ledger that have a balance.
C) be sure that all journal entries have been recorded.
D) verify that the total credits equal the total debits.
D
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Companies can make strategic planning more effective by:
a. ensuring the participation of top management. b. ensuring that decision making is centralized. c. making strategic planning an annual exercise. d. avoiding cross-functional teams.
Of the four types of opportunities firms can pursue, diversification is the easiest to evaluate and involves the least risk.
Answer the following statement true (T) or false (F)
Which of the following is a common drawback of a non-equity alliance?
A. lack of flexibility for the partners B. difficulty terminating the contract C. lack of trust between partners D. difficulty initiating the contract
Blanton Consulting Inc just paid a $2.00 per share dividend. The firm also announced that it anticipates a long-run growth in dividends of 3% per year
Inflation is also expected to be 3% per year, and the firms required rate of return on common stock is 11%. What is the current price per share of the firm's stock? A) $14.71 B) $14.29 C) $25.75 D) $25.00