Clothing for Accountants is a popular retail store owned by I. M. Material. Material has just sold the business to Phil Forma. Phil has asked that a covenant not to compete be inserted into the agreement. Such covenants are:

a. void as against public policy

b. only valid in employment contracts.

c. always valid.

d. valid if reasonable in time and geographic scope

What happens when a bank is required to hold more money in reserve?

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?