If a corporation issues additional shares of its own stock to the stockholders on a proportional ownership basis, these are known as a
a. liquidating dividend.
b. dividend payable.
c. cash dividend.
d. stock dividend.
d
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List at least three types of materials commonly included in appendices
What will be an ideal response?
If the stated interest rate on bonds is less than the current market rate, the bonds will sell at a discount
a. True b. False Indicate whether the statement is true or false
Which of the following terms best describes "Cost of goods available for sale"?
a. Cost of goods available for sale is an expense account. b. Cost of goods available for sale is added to beginning inventory to determine cost of purchases during the period. c. Cost of goods available for sale is subtracted from net sales to arrive at the gross margin d. Cost of goods available for sale is allocated into cost of goods on hand and cost of goods sold at the end of the fiscal year
________ offer an inconsistent assortment of brand-name merchandise at a significant discount off the manufacturers' suggested retail price.
A. Off-price retailers B. Convenience stores C. Discount retailers D. Department stores E. Specialty retailers