Customers Can Pay for Products at Macy's Using Google Wallet,a

question 36

True/False

Customers can pay for products at Macy's using Google Wallet,a mobile payment app.At the register,customers simply tap their phones on an augmented reality device in order to transfer funds to Macy's.

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Definitions:

Stock Split

An action by a company to divide its existing shares into multiple shares to boost the liquidity of the shares, although not affecting the company's overall market capitalization.

Retained Earnings

The portion of a company's profits not distributed as dividends to its shareholders but kept in the company to reinvest in its core business or to pay debt.

Equity Section

The portion of a company's balance sheet that represents the owners' claims to the assets after all liabilities have been deducted.

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders and holds in its treasury.