A dividend that represents a return to the stockholders of a part of their paid-in capital rather than a distribution out of retained earnings is called a liquidating dividend
Indicate whether the statement is true or false
True
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One of the possible objectives of marketing communications is helping consumers evaluate a brand's perceived ability to meet a currently relevant need. Which of the following is a negatively oriented relevant brand need?
A) normal depletion B) sensory gratification C) social approval D) intellectual stimulation E) value enhancement
Which of the following is not a condition required by the SEC for the recognition of revenue?
a. Delivery of goods or rendering of services b. Transfer of cash from the buyer to the seller c. Fixed or determinable price d. Existence of an arrangement
Everett, Miguel, and Ramona are partners, sharing income 1:2:3. After selling all of the assets for cash, dividing losses on realization, and paying liabilities, the balances in the capital accounts are as follows: Everett, $50,000 Cr.; Miguel, $40,000 Dr.; and Ramona, $30,000 Cr. How much cash is available for distribution to the partners?
A) $120,000 B) $30,000 C) $40,000 D) $90,000
The ________ gives the Securities and Exchange Commission cease-and-desist powers and the power to impose substantial monetary penalties in administrative proceedings
A) International Securities Enforcement Cooperation Act of 1990 B) Securities Enforcement Remedies and Penny Stock Reform Act of 1990 C) Private Securities Litigation Reform Act of 1995 D) Foreign Corrupt Practices Act of 1977