If 50,000 shares are authorized, 41,000 shares are issued, and 2,000 shares are reacquired, the number of outstanding shares is 43,000
Indicate whether the statement is true or false
False
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A gain on the sale of assets in the liquidation process is recognized and allocated to the partners' capital accounts
a. True b. False Indicate whether the statement is true or false
All of the following are characteristics of the stockholders' equity presentation on the balance sheet EXCEPT
a. stockholders' equity is separated by source. b. paid-in capital is separated by source. c. preferred stock is listed before common stock. d. retained earnings is listed before all paid-in capital.
The profit margin ratio reflects the amount of income for each dollar of sales
a. True b. False Indicate whether the statement is true or false
Companies that collect and sell common pools of data designed to serve information needs shared by a number of clients are called ________
A) syndicated services/sources B) data processing services C) field services D) qualitative research services E) pooling services