Owners of Tri-States Industries, Ralph and Maureen, are sent a dividend check from the company. For this transaction, what is the effect on the accounting equation for Tri-States Industries?

a. Assets decrease and stockholders' equity decreases.
b. Assets increase and stockholders' equity increases.
c. Liabilities increase and stockholders' equity decreases.
d. Liabilities increase and stockholders' equity decreases.


a

Business

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While researching the possible impact of economic conditions on a proposed new product introduction on the Internet, you find an article in Bloomberg Business Week online that reviews how new products have fared during times of rising inflation. Which of the following sources of secondary data does this scenario exemplify?

A. general knowledge sites B. market research organizations C. focus groups D. government sources E. in-depth interviews

Business

Zero, Inc. has an EPS of $5.00 and a P/E ratio of 10. This means the current market price of a share of Zero stock is

A) $2.00. B) $5.00. C) $50.00. D) $55.00.

Business

A securities analyst who is a fundamentalist would probably be interested in a company's earnings and financial strength

Indicate whether the statement is true or false.

Business

The law does not change; it is based on unchanging and universal truths

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

Business