Which of the following is true regarding the Interstate Commerce Commission?

A. It was an executive agency.
B. It was run by 10 commissioners.
C. The commissioners served staggered six-year terms.
D. Five of the commissioners were to be of any one political party.

Ans: C. The commissioners served staggered six-year terms.

Business

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Expected opportunity loss has the same value as ________

Fill in the blanks with correct word

Business

Retained earnings on the balance sheet represents the ________

A) net profit after taxes B) amount of proceeds in excess of the par value received from the original sale of common stock C) net profit after taxes minus preferred dividends D) cumulative total of all earnings reinvested in the firm

Business