What characterizes long term liabilities?
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Debt owed a year or more.
In order to declare a dividend you need 2 things...
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cash and retained earnings
Stock Holders equity is on _____
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balance sheet
What defines a fixed asset?
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They have a physical substance (a definite size and shape), are used in the
operations of a business, and are not intended for sale to customers
Fixed assets are ______, ________, and _________.
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property, plant, and equipment;
The cost of land includes (four things).
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The purchase price, closing costs (such as attorneys fees, real estate
brokers commissions, accrued property taxes
Who gets dividends first IF declared
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Debt owed a year or more.
In order to declare a dividend you need 2 things...
Give this one a try later!
cash and retained earnings
Stock Holders equity is on _____
, Give this one a try later!
balance sheet
What defines a fixed asset?
Give this one a try later!
They have a physical substance (a definite size and shape), are used in the
operations of a business, and are not intended for sale to customers
Fixed assets are ______, ________, and _________.
Give this one a try later!
property, plant, and equipment;
The cost of land includes (four things).
Give this one a try later!
The purchase price, closing costs (such as attorneys fees, real estate
brokers commissions, accrued property taxes
Who gets dividends first IF declared
