Which of the following statements is NOT true a firm may increase their retained earning account by paying out higher dividends to their stock holders every number on a statement of profit and loss is a flow variable Revenue is a flow variable every number on a balance sheet is a stock variable Expenditures is a flow variable
Which of the following statements is NOT true a firm may increase their retained earning account by paying out higher dividends to their stock holders every number on a statement of profit and loss is a flow variable Revenue is a flow variable every number on a balance sheet is a stock variable Expenditures is a flow variable
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of the following statements is NOT true
a firm may increase their retained earning account by paying out higher dividends to their stock holders
every number on a statement of profit and loss is a flow variable
Revenue is a flow variable
every number on a balance sheet is a stock variable
Expenditures is a flow variable
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