___________________ statements recast all items on the statement as a percentage of a selected item on the statement
Fill in the blank(s) with correct word
Common-size
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Consistency in accounting means that a company uses the same generally accepted accounting principles from one accounting period to the next accounting period
Indicate whether the statement is true or false
When doing business in China, it is important to remember that
a. persons of low rank never have any influence or power in a relationship. b. one must never give in to any demands of the Chinese hosts. c. exchanges are often uneven, working to the advantage of weaker members in the relationship. d. an emotional appeal to superiors will almost always be successful. e. obtaining the favor of subordinates will be seen as a sign of weakness.
Sweet Company's outstanding stock consists of 1400 shares of cumulative 6% preferred stock with a $100 par value and 10,400 shares of common stock with a $10 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividend Declaredyear 1$2400?year 2$6400?year 3$34,000?The amount of dividends paid to preferred and common shareholders in year 3 is:
A. $16,400 preferred; $17,600 common. B. $34,000 preferred; $0 common. C. $8400 preferred; $25,600 common. D. $0 preferred; $34,000 common. E. $25,200 preferred; $8800 common.
Which of the following is NOT a capital structure question?
A) A delivery company chooses to buy more trucks. B) A manufacturing firm chooses to take the discount for paying accounts payable early. C) A retail firm chooses to use a new supplier. D) None of the above are capital structure questions.