Due to the strengthening of the stock market over the past 50 years, stock splits and stock dividends are more common than cash dividends

Indicate whether this statement is true or false.


Answer: FALSE

Business

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The owner of an amusement park is considering installing a new ride. The ride would cost $10,000, produce an estimated net cash flow of $1,575 annually, and last for nine years. a. Assuming an interest rate of 10 percent, what is the present value of the net cash flows expected from the ride? Use future value and/or present value tables in calculating your answer. b. Should the ride be purchased?

Business

Which of the following is the BEST negative reply to a request for a favor?

a. Thank you for asking me to speak at your meeting, but I will not be able to attend. b. Because I have a previous engagement in Phoenix, I cannot demonstrate my machine at your conference. c. Although I have multiple obligations for the date you suggested, I fully support your effort to raise funds for the homeless. d. I find my schedule is as impossible as ever; I must be doing something wrong with my priorities.

Business

How does a bank transfer money internationally?

What will be an ideal response?

Business

When preparing the worksheet for a merchandising business using the perpetual inventory system, the main new account is the Merchandise Inventory account

Indicate whether the statement is true or false

Business