Suppose a firm does not pay a dividend but repurchases stock using $28 million of cash, the market value of the firm decreases by ________
A) $28 million
B) -$28 million
C) 0
D) cannot say for sure
Answer: A
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Which of the following is true of comprehensive income?
A) All items included in comprehensive income enter into the determination of net income. B) Dividend payments are not included in the determination of comprehensive income, even though it results in a decrease in total stockholders' equity. C) Comprehensive income includes company changes in total stockholders' equity from all sources, including owners' investments. D) Comprehensive income cannot be combined with a traditional income statement into a combined statement of comprehensive income.
Crafted Jewels is a jewelry manufacturer that sells its designs to various jewelry retailers. The retailers often complain that the company's online store acts as a competitor and reduces their profitability
What type of conflict is this? Briefly explain.