Regularly paying a fixed or increasing dividend eliminates uncertainty about the frequency and magnitude of dividends

A virtual team interacts by using various forms of information technology, such as e-mail and videoconferencing, but rarely or never ______.

A. cut costs B. meet face-to-face C. have management involvement D. accomplish goals

National Art is a new business

During its first year of operations, credit sales were $50,000 and collections were credit sales of $32,000. One account, $625 was written off. Management uses the percent-of-sales method to account for bad debts expense and estimates 2% of credit sales to be uncollectible. The ending balance of Allowance for Bad Debts account is ________. A) $375 B) $1,000 C) $348 D) $1,628