As the number of shares of common stock increases, the book value of each share will ________
if equity does not change.
A) remain the same B) increase
C) decrease D) none of the above
C
Business
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If an expense is paid with cash
A. assets will decrease. B. retained earnings will increase. C. liabilities will increase. D. expenses will decrease.
Business
In giving up a cash discount, the amount of the discount that is given up is the interest being paid by a firm to keep its money by delaying payment for a number of days
Indicate whether the statement is true or false
Business