A budget surplus

a. exists when government spending is greater than tax revenues.

b. causes government debt to increase.

c. occurs when the government has debt equal to zero.

d. reduces the government's debt.

The board of directors of Capstone Inc. declared a $0.70 per share cash dividend on its $1 par common stock. On the date of declaration, there were 50,000 shares authorized, 22,000 shares issued, and 3,800 shares held as treasury stock.

George owed keith $800 on a personal loan. neither the amount of the debt nor george's liability to pay the $800 was disputed. keith had also rendered services as a carpenter to george without any agreement as to the price to be paid.

Which statement best explains the law of demand? O The quantity demanded by consumers increases as prices rise, then decreases as prices fall. The quantity demanded by consumers decreases as prices rise, then increases as prices fall.

What two benefits do you receive from owning stock?

Matt purchased a 20-year par value bond with an annual coupon rate of 8% compounded semiannually for a price of 1722.25.

Accountants can use a three-step process to determine cash provided (or used) by investing activities. Which of the following steps is not part of this process? Identify adjustments to net income. Report their cash flow effects.

Gary owns shares in a company called Archibald Industries Inc. The company's financial performance has been declining over the past few months, and the value of its stock has been decreasing.

A company purchased factory equipment on January 1, 2019 for $160,000. It is estimated that the equipment will have a $20,000 salvage value at the end of its 10-year useful life.

A broker-dealer is a syndicate member in a best efforts underwriting of abc common stock. the issue is oversubscribed. the broker-dealer may allocate sales of the issue to:

Patrick's sales department meets to discuss targets and strategies for the coming month. as the head of the department, patrick invites input from all the employees. however, one member, brendan dominates the meeting by offering multiple suggestions.