The Findings of a Stock Advisory Service Is the Only

question 20

True/False

The findings of a stock advisory service is the only information that an investor should rely on in order to make decisions about buying or selling stocks.

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Definitions:

Dividends

Payments made by a corporation to its shareholder members; it is the portion of corporate profits paid out to stockholders.

Average Collection Period

The average time it takes for a business to receive payments owed by its customers, indicating the effectiveness of its credit and collection policies.

Balance Sheet

A statement that presents an organization's assets, liabilities, and the equity of its shareholders at a distinct point in time.

Sales On Account

Transactions where goods are sold but payment is deferred to a later date.