The "bill of lading" is issued by the seller (exporter) directly to the buyer (importer) in order to claim the goods upon arrival at the destination port
Indicate whether the statement is true or false
True
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On May 1, 20x5, Ironwood Corporation had 200,000 shares of $10 par value common stock outstanding with a market value of $16 per share. On May 2, 20x5, Ironwood announced a 4-for-1 stock split. After the split, the par value of the stock
A) remained the same as before the split. B) was reduced to $2.50 per share. C) was reduced by $4 per share. D) was reduced by $2.50 per share.
In the Bretton Woods system, the only currency redeemable for gold was _____.
Fill in the blank(s) with the appropriate word(s).
Negative comments about your company, its products, or suppliers are usually acceptable if made in electronic forums not controlled by your employer
Indicate whether the statement is true or false
At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $195,000; Total Liabilities of $15,000; and Total Paid-in capital of $60,000. During the year, the company reported total revenues of $226,000 and expenses of $175,000. Also, dividends during the year totaled $48,000. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be:
A. $174,000. B. $123,000. C. $120,000. D. $171,000. E. $78,000.