Alpha Company Issues a Trade Acceptance with Itself and Beta

question 41

Multiple Choice

Alpha Company issues a trade acceptance with itself and Beta Company as parties. A trade acceptance is

• A)a draft.
• B)an order to accept delivery of money.
• C)a promise to accept delivery of goods.
• D)a promise to deliver goods.

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Definitions:

Dividend Yield Ratio

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Earnings Per Share

A company's profit divided by its number of common shares outstanding, indicating how much money it makes per share.

Dividend Yield

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, often expressed as a percentage.

Dividends Per Share

A measure of how much dividend income a company pays out to its shareholders per share of its stock.