A typical practice of many companies is to distribute part of the earnings to shareholders through ________
A) quarterly stock splits
B) quarterly cash dividends
C) semiannual cash dividends
D) annual stock dividends
Answer: B
Business
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Which of the following costs should be excluded from research and development expense?
a. Modification of the design of a product b. Acquisition of R & D equipment for use on a current project only c. Cost of marketing research for a new product d. Engineering activity required to advance the design of a product to the manufacturing stage
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Independent off-price retailers purchase merchandise at rates that are substantially higher than regular wholesale rates
Indicate whether the statement is true or false
Business