A company that has 25,000 shares of $5.00 par value common stock issued and outstanding paid a dividend of $0.40 per share. The market value of the stock is $16 per share. The company's dividend yield is
a. 2.5%
b. 400%
c. 16%
d. 40%
a
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______ refers to the method used to record financial transactions.
A. Accounting B. Bookkeeping C. Record keeping D. Financial management
Under the common law, what are the three ways in which a contract can be discharged by impossibility?
Gunes Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were: Cost PercentCompleteMaterials costs$10,600 65% Conversion costs$12,800 30% A total of 8,500 units were started and 7,400 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: CostMaterials costs$142,100 Conversion costs$359,500 The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs. What are the equivalent units for materials for the month in the first
processing department? A. 7,400 B. 8,350 C. 950 D. 9,300
One promise may serve as consideration for many return promises
Indicate whether the statement is true or false