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Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2018. In October 2018, Rick Co.'s Board of Directors declared and distributed a 1% common stock dividend when the market value of its common stock was $60 per share.

What are liabilities? Describe two different types of liabilities.

Depreciation on the company's equipment for 2017 is computed to be $18,000. the prepaid insurance account had a $6,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage.

Cash investments made by the stockholders of the business are reported on the statement of cash flows in the:financing activities section. investing activities section. operating activities section. supplemental statement.

Mike takes a card out of his wallet at the grocery store and swipes it to pay for his groceries. What did Mike use? money order debit card transfer card loan card

Roger consumes no commodities other than Miller Lite and Bud Light. His annual budget for these two commodities is described by the equation 5 x + 25 y = 300, where x is sixpacks of Miller Lite and y is cases of Bud Light.

what is the best place to obtain a masters degree! A) community college. B) public high school. C) trade school. D) university

A three-line-to-eight line decoder has inputs cba where the a input is the lsb (least significant bit). the output and gates are labeled q0 through q7. one would normally expect the output of and gate q4 to be active when the inputs are:

In a suburban community outside a city in Alabama, a retail store opened that specialized in dancewear for children and adults.

A company can choose to use FIFO inventory costing methods for the financial statement and can elect to use either LIFO or FIFO on the tax return, however if you use LIFO for books then you must use LIFO on the tax return A. True. B. False.