Which of the U

question 296

Multiple Choice

Which of the U.S. industries below has not seen major shutdowns and layoffs because of free foreign trade?

• A) textiles
• B) accounting services
• C) steel
• D) apparel

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Definitions:

T-Accounts

A visual representation used in accounting to show the debits and credits in separate columns for each account in the general ledger.

Dividends

Distributions from a corporation to its shareholders, representing a share of the company's earnings.

Common Stock

An equity security that represents ownership in a corporation, entitling shareholders to a share of the company's profits through dividends.

Dividends

Payments made by a corporation to its shareholder members from its profits.