At a firm's quarterly dividend meeting held on December 5, the directors declared a $1.50 per share cash dividend to be paid to the holders of record on Monday, January 1
Before the dividend was declared, the firm's accumulated retained earnings balance and cash balance were $1,280,000 and $30,000 respectively. The firm has 10,000 shares of common stock outstanding. On January 2, the cash, dividends payable, and retained earnings accounts had balances of ________.
A) $15,000, $0, and $1,265,000, respectively
B) $30,000, $15,000, and $1,280,000, respectively
C) $30,000, $0, and $1,265,000, respectively
D) $15,000, $0, and $1,280,000, respectively
A
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The National Do Not Call Registry was established by which of the following?
A) the Federal Trade Commission (FTC) B) the Direct Marketing Association (DMA) C) the Consumer Review D) the American Marketing Association (AMA) E) the Robinson-Patman Act
________ is a pricing tactic a firm uses for two products that work only when used together. The firm sells one item at a very low price and then makes its profit on the second high-margin item
A) Two-part pricing B) Price bundling C) Captive pricing D) Penetration pricing E) Skim pricing