Which of the following decreases the life insurance expense related to insurance on company's officer's lives assuming the company is the beneficiary? * O dividends paid to shareholders O dividends received from insurance company O payment of insurance premiums to the insurance company O cash surrender value at beginning and end of the year is the same

Which of the following decreases the life insurance expense related to insurance on company's officer's lives assuming the company is the beneficiary? * O dividends paid to shareholders O dividends received from insurance company O payment of insurance premiums to the insurance company O cash surrender value at beginning and end of the year is the same

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Which of the following would NOT be shown in the Statement of Profit or Loss? Expired portion of insurance Withdrawal of supplies by the owner Depreciation of fixed assets for the period Services rendered to a customer on account
which one is correct please confirm? QUESTION 26 Under dividend reinvestment plans, shareholders can automatically ____. a. transfer from retained earnings accounts to equity accounts. b. use dividends to purchase additional shares c. reduce their taxable income d. increase their cash inflows
A debit to the FICA Taxes Payable accounta. results in an increase in the cash account of the employer.b. results in a decrease in the liabilities of the employer.c. would have no corresponding credit.d. results in an increase in the operating expenses of the employee.
What term refers to funds provided in a business by its shareholders? Question 19 options: assets equity revenue liabilities
The date on which a cash dividend becomes a binding legal obligation is the Group of answer choices declaration date date of record payment date last day of the fiscal year
Accounts futo Persoual, Nomeval Classify the followiny Real VAIC O Accountis payable Goodwill Reut prepaid ☺ Depricátion. Stock
Return on year end capital employed is profit before tax + interest / capital employed How do you find the interest when it is not given in the question
Which of the following statements related to dividends is incorrect? O Dividends must be paid in the period declared. O Before declaring a dividend, management must consider availability of funds to pay the dividend. O Distributions to owners must be in compliance with the state laws. O Dividends must be declared by the Board of Directors.
Which of the following would not be included in the corpus or principal of an estate? a. accrued interest and declared dividends on investments held by decedent b. personal valuables c. life insurance proceeds where designated beneficiary is the estate d. all of the above are included
3. Dividends are considered doubled taxed, first to the company,second to the shareholders. T/F 4. Annuities can help a firm plan for the retirement payouts of theiremployees. T/F
Which of the following should be recorded in Accounts Receivable? Group of answer choices Receivables from subsidiaries resulting to a loan made to a subsidiary. Sale of goods on to a customer receiving cash and a promissory note. Receivables from officers who availed services in normal course of business. Dividend receivable as a result of cash dividends declared.
When a corporation declares a cash dividend, the entry include a a. debit to net incomeb. credit to Additional Pain In Capitalc. debit to Retained Earningsd. credit to Cash

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