When stock dividends or stock splits occur, companies must restate the shares outstanding after the stock dividend or split, in order to compute the weighted-average number of shares

a. true
b. false

Answer: b. false

Business

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Unless the parties agree otherwise, the credit period begins to run from the time the goods are

shipped. Indicate whether the statement is true or false

Business

Annika bought euro denominated bonds when the exchange rate was .909 euro to the dollar. She paid $11,881 for the bonds

At the end of the year, the bonds were worth 10,600 euro; she received 400 euro in interest and the exchange rate was .921 euro to the dollar. What was her holding period return in U.S. dollars? A) -0.74% B) 1.85% C) 0.53% D) 5.30%

Business