How Has Canadian National Saving Changed in Recent History

question 7

Multiple Choice

How has Canadian national saving changed in recent history?

• A) It remained positive from 1999 to 2008.
• B) It decreased below 10 percent toward the end of the 1990s.
• C) It had a historic high in early 1990s.
• D) It has been decreasing since 1991.

Acknowledge the advantages and disadvantages of the corporate form of business organization.

Interpret the financial implications of various stock and dividend transactions on a corporation's financial statements.

Understand the process and implications of issuing common and preferred stock.

Recognize the impact of stock dividends and cash dividends on company finances.

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Definitions:

Variable Cost

Expenses that change in proportion to the activity of a business.

Desired Profit

The target profit a company sets to achieve in a specific period.

Cost Concept

A concept of accounting that determines the amount initially entered into the accounting records for purchases.

Cost-Plus Approach

A pricing strategy where the selling price is determined by adding a specific markup to a product's cost price.