The earned surplus test does not permit capital surplus to be used for the payment of dividends

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


True

Business

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Investments in debt securities that the investor intends to hold for a short time and that are purchased in an attempt to profit from near-term price changes are classified as:

A. trading securities. B. adjusted historical cost securities. C. fair value securities. D. available-for-sale securities.

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The "HP Way" at Hewlett-Packard fostered a culture of integrity, teamwork, and innovation that complemented the high-technology industry of the time. This is an example of which perspective?   

A. Strength perspective B. Fit perspective C. Match perspective D. Conditional perspective E. Adaptive perspective

Business

(CMA adapted, Jun 88 #19) Which one of the following items would likely increase earnings per share (EPS) of a corporation?

a. purchase of treasury stock. b. declaration of a stock split. c. declaration of a stock dividend. d. an increase in the common stock shares authorized to be issued. e. an increase in the preferred stock shares authorized to be issued.

Business

If most of your audience members are neutral toward your topic, your primary task is

a. to provide information to redirect audience member attitudes. b. to offer arguments that reduce hostility or negativity. c. to supply them with reasons to care and evidence that substantiates your position. d. to provide information and arguments that give listeners reason to reaffirm their stance.

Business