The Retained Earnings balance was $24,000 on January 1. Net income for the year was $19,750. If Retained Earnings has a credit balance of $26,000 after closing entries were made for the year, and if additional stock of $6,300 was issued during the year, what was the amount of dividends declared during the year

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.