The accounting rate of return is calculated by dividing the average annual operating income by the average amount invested
Indicate whether the statement is true or false
TRUE
Business
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At October 1, Arcade Fire Enterprises reported stockholders' equity of $35,000. During October, common stock of $2,000 was issued and the company earned net income of $7,000. If stockholders' equity at October 31 totals $40,000, what amount of dividends were paid during the month?
A. $0 B. $2,000 C. $4,000 D. $5,000
Business
Products falling under one category of the BCG matrix are most likely to be eliminated. Identify this category
A) cash cows B) dogs C) stars D) problem children
Business