Cash dividends become a liability to a corporation on the date of record

a. True
b. False

Indicate whether the statement is true or false


False

Business

You might also like to view...

A company's return on equity is equal to ________

A) net profit divided by retention equity B) net profit divided by value equity C) net profit divided by customer's equity D) net profit divided by owner's equity E) net profit divided by company's liability

Business

An expenditure for which of the following items would be considered a revenue expenditure?

a. Plant assets b. Ordinary repair c. Addition d. Betterment

Business

P&G launched its new toothpaste in a __________ package in Europe because

A. blue; blue is considered warm and feminine by the Dutch. B. silver; it is the color of the American package. C. green; it is the color of European environmentalists. D. gold; gold is a symbol of quality in Europe.

Business

Which stage of Lewin’s basic change model is characterized by employees appearing to have embraced the change and where managers reinforce the new approach and help people internalize the changes?

a. Transforming b. Refreezing c. Reconstructing d. Unfreezing

Business