Answer Happy

Which of the following balance sheet accounts will be affected by a stock dividend but not by a stock split? Multiple Choice Retained earnings Common stock O O Dividends-in-arrears Cash O
Synergy is said to occur when the merged company is Multiple Choice able to combine the marketing efforts of all merged companies. able to get the employees from all merged companies to work towards one company goal. able to eliminate divisions that were doing the same tasks. O O all of the answers are correct.
An operating lease Multiple Choice none of these options are correct. is usually short-term and is often cancelable at the option of the lessee. O must appear on the balance sheet. O has a lease term equal to 75% or more of the estimated property.
Why is the cost of debt normally lower than the cost of preferred stock? Multiple Choice Common stock dividends are not tax-deductible. Preferred stock dividends are tax deductions. Preferred stock dividends must be paid before common stock dividends. Interest on debt is deductible.