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underwriters.
creditors.
debtors.
benefactors.
10- At October 1, Arcade Fire Enterprises reported stockholders’
equity of $35,000. During October, common stock of $2,000 was issued
and the company earned net income of $7,000. If stockholders’ equity
at October 31 totals $40,000, what amount of dividends were paid
during the month?
$2,000
$4,000
$5,000
$0
11 -Ethics are the standards of conduct by which one’s actions are
judged as
all of these.
honest or dishonest.
right or wrong.
fair or unfair.
12- Which of the following is not a reason one set of international
accounting standards are needed?
multinational corporations
mergers and acquisitions