Which of the following statements is true about tweens?
a. They are the first generation of latchkey children.
b. They are an attractive market segment for mobile games.
c. They are a larger cohort than baby boomers.
d. They are aged between fourteen to eighteen years.
ANSWER: b
One of the fastest growing tween markets is mobile games and other advertising- and microtransaction-based smartphone apps.
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If the board of directors authorizes a $100,000 restriction of retained earnings for a future plant expansion, the effect on this action is to
A. decrease total assets and total stockholders' equity B. increase stockholder's equity and decrease total liabilities C. decrease total retained earnings and increase total liabilities D. reduce the amount of retained earnings available for dividend declarations
Paternalism and patronage are important in humane-oriented societies
Indicate whether the statement is true or false