CB1 receptors, which are ____________,  are directly activated by the binding of ___________.

On November 1, Year 1, Dixon Company paid $20 per share to buy back 2,800 shares of its $8 par value common stock. The stock had originally sold for $33. Which of the following shows how the purchase of the treasury stock will affect Dixon’s financial statements on November 1, Year 1?

Gilligan Corporation was established on February 15, Year 1. Gilligan is authorized to issue 500,000 shares of $6.00 par value common stock. As of December 31, Year 3, Gilligan’s stockholders’ equity accounts report the following balances: Common stock, $6 par, 500,000 shares authorized, 55,000 shares issued and outstanding$ 330,000 Paid-in capital in excess of par – Common440,000 $ 770,000Retained earnings 1,400,000Total stockholders’ equity $ 2,170,000 At the end of Year 3, Gilligan decides to issue a 5% stock dividend. At the time of issue, the market price of the stock was $22 per share.What is the amount of retained earnings that will be transferred to paid-in capital as a result of the stock dividend issued by Gilligan Corporation?

What is the process of dividing up assets and allocating them to resource providers (creditors and investors)?

At the time that Kirby Company issued a 3-for-1 stock split, the company had 1,000 shares of $12 par value common stock outstanding. Stockholders’ equity also included $16,000 of paid in capital in excess of par value–common and $18,000 of retained earnings. Which of the following statements regarding the impact of the stock split is true?

How would the declaration of a cash dividend affect the calculation of a company’s price-earnings ratio? (Hint: Do not consider any change in the market price of the stock that might occur because of the declaration of the dividend.)

On September 1, Year 1, Orville Corporation has unappropriated retained earnings of $600,000, appropriated retained earnings of $400,000, cash of $850,000, and accounts payable of $50,000. What is the maximum amount that can be used for cash dividends?

Emerald Company was established in January, Year 1. During Year 1 the company experienced the following events.Collected $125,000 cash from the issue of common stockBorrowed $60,000 cash from the state bankEarned $135,000 of cash revenuePaid $277,500 cash expensesThe company was liquidated at the end of Year 1. Based on this information:

On January 1, Year 1, the Accounts Receivable balance was $32,900 and the balance in the Allowance for Doubtful Accounts was $4,100. On January 15, Year 1, an $1,210 uncollectible account was written-off. What is the net realizable value of accounts receivable immediately after the write-off?

Gross Company established a $250 petty cash fund on January 1. On March 1, the fund contained $160 in receipts for miscellaneous expenses and $85 in cash. If the company records both the disbursements and replenishments to the fund, what effect will it have on the elements of the financial statements?