Payment of a dividend decreases both cash and stockholders' equity of the distributing business

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Which of the following accounts is not included in the liability section of the balance sheet?

A. Notes payable. B. Wages payable. C. Taxes payable. D. Accounts receivable. E. Accounts payable.

Business

Freddy, Inc had outstanding 1 . percent, $1,000,000 face value, convertible bonds maturing on December 31 . 2017 . Interest is paid December 31 and June 30 . After amortization through June 30, 2014, the unamortized balance in the bond premium account was $30,000 . On that date, bonds with a face amount of $500,000 were converted into 20,000 shares of $20 par common stock. Recording the

conversion by using the carrying value of the bonds, Freddy should credit Additional Paid-In Capital for a. $0. b. $85,000. c. $100,000. d. $115,000.

Business

When Henry Ford first made the model T, he said consumers "can have any color they want as long as it is black." This was a case of _____.

A. repositioning B. reengineering C. one-to-one marketing D. undifferentiated targeting E. niche marketing

Business

Under the Family and Medical Leave Act, employees returning from leave must be given at least a "comparable position" but not the same job as before

a. True b. False Indicate whether the statement is true or false

Business